1516 58th Street
Los Angeles, CA 90062
Sold
Zoned for commercial, industrial, and residential! We are pleased to present a 100% vacant land development opportunity located at 1516 W 58th St. Los Angeles, CA 90062! Totaling +/-4,281sfof LACM zoned land with and Tier 1 TOC, there's potential for a developer to execute on either a market rate residential development, affordable housing development, or even a contractor needing a yard space for storage. As a 100% affordable ED1 development, there's potential for a 20-25 unit development with no parking requirements with an affordable stick on grade type construction. With its close proximity to the 110 Freeway and Downtown Los Angeles, the property is well positioned for a developer seeking a well-located property with high rental demands, or for a commercial/industrial user needing affordable land to operate their business on. Nearby developments include the installation of the Slauson bike path, which provides significant upgrades for transportation throughout the surrounding community. Buyer shall complete their own due diligence to determine the development potential. For more information please contact the listing broker.
PROPERTY INFORMATION
MLS # | 24360695 | Lot Size | 4,281 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | N/A |
Price | $ 475,000
Price Per SqFt: $ 111 |
DOM | 439 Days |
Address | 1516 58th Street | Type | Land |
City | Los Angeles | Sq.Ft. | 4,281 Sq. Ft. |
Postal Code | 90062 | Garage | N/A |
County | Los Angeles | Year Built | |
Bed / Bath | 0 / 0 | Parking | N/A |
Built In | Status | Closed | |
Sold Date | 2024-04-08 |
INTERIOR FEATURES
Has Appliances | Yes |
EXTERIOR FEATURES
WALKSCORE


MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $507
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
02/21/2024 | Listed | $475,000 |

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Listing provided courtesy of Casey Lins, Kidder Mathews of California, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.