R3 redevelopment opportunity in Palms! This 7,503 sq. ft. lot is located in a Transit Priority Area and designated as a Housing Element site, surrounded by new multifamily projects and strong rental demand. The existing 2-bedroom, 2-bath home also features a spacious bonus room with a full closet, offering flexibility to use as a 3rd bedroom or a family room. While the property is sold primarily for land value, it provides a clear path for redevelopment in one of LA’s most active growth centers. Centrally situated near Culver City, Silicon Beach, major freeways, and Metro lines, the neighborhood continues to attract developers seeking to maximize density and long-term value. A rare chance to redevelop a centrally located lot in a high-demand corridor. Whether building for resale, rental income, or a long-term hold, this property offers the zoning, location, and scale to bring your vision to life.
Listing provided courtesy of Joseph Chow of Redfin. Last updated 2025-10-07 08:18:43.000000. Listing information © 2025 CRMLS.