Welcome developers and investors! This prime LAR3-zoned lot at offers tremendous upside potential for multi-family redevelopment in the heart of South Los Angeles. Spanning a combined 6,513 sq ft across two parcels, this property is ideally suited for demolition and new construction of up to 7+ units (potentially more with density bonuses like TOC or state incentives). Located in the historic Wood & Schleichers Figueroa Park Square Subdivision, the site benefits from, easy access to the 110 Freeway and Metro lines, and walking distance to Vermont Square Park and emerging developments. The area is booming with new multi-family projects, this is your chance to establish a foothold in a revitalizing neighborhood with 12% home appreciation over the last two years.