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For Sale

$1,150,000

12345 Carson Street
Hawaiian Gardens, CA 90716

The subject property is a a 25,182 square foot parcel of land located at 12345 Carson St. in the city of Hawaiian Gardens. The street address for the subject property is on Carson Street even though the property actually fronts Claretta Ave. one parcel to the north of Carson St. The property is surrounded by retail to the south, multi-family to the west and lower density residential to the north. The site is currently leased out on month-to-month basis as a storage yard (please do not disturb the tenant as they do not know the property is for sale).Zoning on this site is C-4 Commercial and the General Plan Land Use Designation is CG General Commercial. However, it is important to note that the site abuts a significant pocket of R4-zoned land directly to the west that is composed of several individual multi-family properties. It is likely that many developers would like to have that R4 zoning extend eastward to the subject property and utilize the subject property for the ultimate development of for-sale townhomes, for-rent apartments or senior housing. R-4 zoning allows for one unit per 1,850 SF of land which would theoretically allow for a developer to build up to twelve units on this site. Hawaiian Gardens is approximately 99% built out and like most of infill Los Angeles County the development market in this city is extremely supply-restricted. Read More

Market Status
Under Contract
Last Updated
July 25, 2021

Property Type
Land
Architecture
Lots/Acreage
MLS Area
54 - Hawaiian Gardens

Local Market Conditions

There are currently 8,738 properties for sale in the Los Angeles County, CA area with the average listing price of $2,241,702. This represents an increase of +0.7% over the previous week. The 3 bedroom homes saw the largest increase in the average listing price over the previous week with a +0.7% increase. To learn more about the Los Angeles County, CA area, contact a local expert!

Market Snapshot for Los Angeles County, CA

Avg. Listing Price

$2,241,702

Wk ending Jul 24

$+15,224

+0.7%

w-o-w

8,738

147

3

1

1

Average Listing Price for Los Angeles County, CA
No. BedroomsNo. Beds Week Ending
(Jul 24)
w-o-w Week Ending
(Jul 17)
Week Ending
(Jul 10)
Week Ending
(Jul 3)
All PropertiesAll $2,241,702 +0.7% $2,226,478 $2,235,795 $2,290,456
1 bedroom1 BR $1,034,879 -1.8% $1,053,945 $1,037,638 $1,088,671
2 bedrooms2 BR $870,811 -1.8% $886,962 $902,719 $905,820
3 bedrooms3 BR $1,133,151 +0.7% $1,124,787 $1,131,755 $1,139,977
4 bedrooms4 BR $1,861,470 -0.3% $1,866,704 $1,861,075 $1,903,015

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Listing Provided By:

Matthew Wenzel

Marcus & Millichap

Phone
This $1,150,000 Land at 12345 Carson Street in Hawaiian Gardens, CA is presented by Matthew Wenzel. This $1,150,000 Land, located in the 90716 zip code, has the following property features: MLS Area. This 12345 Carson Street Land is listed under MLS listing number PW20165357 and has a listing price of $1,150,000. You can find more Hawaiian Gardens homes for sale here.

Data Provided by California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. (CRMLS) and is protected by all applicable Copyright 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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