Listed by Lyon Stahl Investment Real Estate
$765,000
RTI Opportunity - 132 119th St, Los Angeles
Details
APN 6083026007
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,350
Units 4
Tenancy Vacant
Year Built 1923
Buildings 1
Stories 3
Acreage 0.169
Zoning See Remark
Multifamily | 4 Units
Marketing description
A rare chance to acquire a shovel-ready development site in South Los Angeles on the only R3-zoned lot in the immediate area. The heavy lifting on entitlements is done - a builder can step in with current permits in hand, and break ground without the typical 1218 month entitlement delay. The approved design maximizes the lot with a thoughtful mix of 2- and 3-bedroom units well-suited for the local rental market.
Investment highlights
- Approved plans for a 4-unit, 3-story apartment building (current permits remain valid)
- Unit mix: (2) 2-bedroom + (2) 3-bedroom -~7,750 SF of buildable area
- 7,350.25 SF | the only LAR3 zoned lot in the immediate area | 40' x 140'
- Bare land - no demo, no relocation, no tenant issues
- South LA infill location near the 105 & 110 freeway interchange
Listing Contacts
Listed by Lyon Stahl Investment Real Estate
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Zoning
R2-1 ResidentialTwo FamilyTwo Family Residential
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View all 623 uses
View all 623 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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