$1,025,000
4302 W 106th Street presents a rare opportunity to acquire an expansive ±20,728 SF lot in Lennox with significant development potential. The property consists of a 3-bedroom, 3-bathroom single-family residence, a detached two-car garage, and an additional detached structure of approximately ±1,000 SF, offering a blank canvas for developers, investors, and owner-users alike. Zoned R-2, the site allows for up to 9 units by right, plus up to 3 attached ADUs and 2 detached ADUs. Ideally located near LAX, El Segundo, major transportation corridors, and the South Bay employment centers, the property benefits from strong long-term housing demand and excellent accessibility. Whether utilized as a redevelopment opportunity or an owner-user property with future upside, 4302 W 106th Street offers a unique chance to acquire a sizeable parcel in a supply-constrained Los Angeles submarket. Buyers to independently verify all development potential, zoning requirements, density allowances, and building regulations with the appropriate governmental agencies. Seller and broker make no representations or guarantees regarding future development possibilities.
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Listed by Woody Stahl with Lyon Stahl Investment Real Est (310) 425-9838
Property Type
Single Family Residence
Status
Active
MLS Number
PW26119512
Year Built
1941
Lot Size
0.48 acres