Larch Ave
Land/Single Family/Redevelopment Opportunity
Marketing description
This single-family residence offers great potential for buyers looking to customize or improve a property to suit their needs. Situated on a spacious lot, the home presents a wonderful opportunity for those with vision to enhance and make it their own. Buyers are encouraged to conduct their own due diligence with the appropriate city departments regarding permits, zoning, and any potential improvements. Conveniently located and full of possibilities, this property is ready for its next chapter.
Investment highlights
Large R-3 Zoned Lot (13,712 SF)
Rare infill opportunity with R-3 (Multiple-Family Residential) zoning, allowing for higher-density development in a supply-constrained market.Significant Development Upside
Potential to build 8–12 residential units (subject to city verification) based on minimum lot-area-per-unit requirements of approximately 1,100 SF, with a maximum height of 3 stories / 40 feet.Immediate Holding Income
Existing 2-bedroom, 1-bath single-family residence plus an unpermitted bonus structure provides interim rental income while pursuing entitlements or development plans.Flexible Development Configurations
Suitable for a variety of high-demand product types including:Modern townhomes
Stacked flats
Multi-family rental apartments
Potential rooftop or lifestyle-oriented amenities
Strong Rental Demand Submarket
Located in an area experiencing active redevelopment and rising rental demand, supporting long-term cash flow and exit potential.Transit-Oriented & Strategic Location
Proximity to:SoFi Stadium & Hollywood Park
LAX
Metro K Line
Major freeway corridors
Enhances tenant appeal and future value appreciation.
Parking & Zoning Benefits
R-3 zoning allows:Two enclosed parking spaces per unit
Generous lot coverage
Standard setbacks (~20 ft front/rear; 7–10 ft side yards), providing design flexibility
Infill Development in a High-Growth Corridor
One of the few remaining large parcels suitable for multi-family development in a rapidly evolving Inglewood market.Value-Add & Entitlement Play
Ideal for investors seeking:Ground-up development
Long-term hold strategies
Portfolio expansion in a proven growth city
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