530 S Avenue 20, Los Angeles, CA 90031

Property Description

We are pleased to present for sale an exceptional development opportunity in the heart of Lincoln Heights, one of Northeast Los Angeles' most rapidly evolving neighborhoods. Situated on a rare oversized 9,907 sq ft lot with LARD 1.5 zoning, this property offers significant upside and clear development potential in a supply-constrained market. The rectangular lot measures approximately 60 ft by 165 ft, providing efficient site planning and strong frontage. Under current zoning, the site allows for the development of up to six (6) residential units plus two (2) ADUs (buyer to verify), making it ideal for small-lot multifamily, income-producing development, or a larger 100% affordable housing ED 1 project. The property is currently improved with an owner-occupied single-family residence, which will qualify for SB 8 clearance, offering a valuable advantage for future redevelopment. Utilities are in place, further enhancing feasibility and reducing initial development hurdles. The property is also located within a qualified Opportunity Zone, which may provide for future tax incentives! (Buyer to verify) Centrally located with convenient access to Downtown LA, Glendale, Alhambra, Monterey Park, and surrounding areas, the property benefits from excellent connectivity, nearby freeways, p

Listing Status:

Active

Date Added:

January 7, 2026

Data Last Updated:

February 8, 2026 at 12:07AM

Listing Office:

Keller Williams Beverly Hills : 310-432-6400

Listing Agent:

Daniel Shamooelian : 310-651-1800

MLS ID:

CL26632351

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LARD5410018028
• View: None

Financial

• Source: CRMLS