Zoned as R3, this expansive property offers exciting development potential for approximately 44 apartment units. The parcel is strategically planned for a variety of options, featuring a Tentative Tract Map meticulously designed for 18 attached homes, Small Lot Subdivision, and the potential for up to 23 Single Family Lots. It's important to note that the Tract is currently pending approval, and a comprehensive review letter from the Los Angeles City outlines specific development requirements based on the tentative tract map. Situated in the Southwestern part of Los Angeles, this property boasts proximity to major transportation arteries, including convenient access to the 110 and 105 Freeways. This strategic location enhances the appeal for future residents, offering an ideal commute to and from the area. While the current plan is in alignment with the tentative tract map, there exists flexibility for potential developers to explore alternative options. Whether considering the construction of apartments or pursuing an entirely different development plan, interested parties are encouraged to liaise with the Los Angeles City for guidance and to explore the diverse possibilities that this property holds. Seller financing available for up to 2 years with 50% down on approval by seller. Seller is flexible and willing to JV with a qualified developer. Please feel free to reach out for more information or to discuss your unique development vision for this promising parcel.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Realty
Office Phone: (888) 456-5789
Listing Agent: Matthew Palanca
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.81 Acres
School Info
Assigned Schools Information:
Animo Watts College Preparatory Academy, Public Charter Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Samuel Gompers Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
One Hundred Twenty-Second Street Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: S Figueroa St and Laconia Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $1,800,000
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $813.5K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PW23230495
Listing Office:
Office Name: Keller Williams Realty
Office Phone: (888) 456-5789
Listing Agent: Matthew Palanca
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/3/2024, 3:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
One Hundred Twenty-Second Street Elementary School
405 E 122nd St
Distance between this listing and this school0.88 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school11.96 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school14.17 miles
Public Magnet Grades KG-5
Middle School
4
/10
Samuel Gompers Middle School
234 E 112th St
Distance between this listing and this school1.04 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school13.08 miles
Public District Grades 6-8
High School
2
/10
Animo Watts College Preparatory Academy
12628 Avalon Blvd
Distance between this listing and this school1.05 miles
Public Charter Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school9.13 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school22.61 miles
Public Magnet Grades 9-12
Assigned Schools
5
/10
One Hundred Twenty-Second Street Elementary School
405 E 122nd St
Distance between this listing and this school0.88 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school11.96 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school14.17 miles
Public Magnet Grades KG-5
Assigned Schools
4
/10
Samuel Gompers Middle School
234 E 112th St
Distance between this listing and this school1.04 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school13.08 miles
Public District Grades 6-8
Nearby Schools
5
/10
Alliance Jack H. Skirball Middle School
603 E 115th St
Distance between this listing and this school1.29 miles
Public Charter Grades 6-8
Assigned Schools
2
/10
Animo Watts College Preparatory Academy
12628 Avalon Blvd
Distance between this listing and this school1.05 miles
Public Charter Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school9.13 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school22.61 miles
The neighbors living near this home have an average income of $36,096. Most Los Angeles, CA residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 512 Laconia
What is the listing price of this property?
The listing price of 512 Laconia property is $1,800,000.
What type of property is this?
The property 512 Laconia is land located in Los Angeles, California, 90044.
Is this property for sale now?
Active Listing: 512 Laconia is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 512 Laconia are: One Hundred Twenty-Second Street Elementary School: GreatSchools Rating 5/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Point Fermin Elementary School: GreatSchools Rating 6/10Samuel Gompers Middle School: GreatSchools Rating 4/10Studio: GreatSchools Rating 4/10Animo Watts College Preparatory Academy: GreatSchools Rating 2/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
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This home is located at 512 Laconia in Los Angeles, CA and zip code 90044 in the Harbor Gateway neighborhood. This home sits on a 0.81 acre lot. It has been listed on Rocket Homes since December 29, 2023 and is currently priced at $1,800,000.
In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. In April 2024 median list price was $986,427 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.