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$ 1,045,000
Est. payment | /mo
8,900 Sqft Lot
$ 1,045,000
Est. payment | /mo
8,900 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25049723
HOA Y/N No
Lot Size 8,900 Sqft
Acres 0.2043
Lot Dimensions 47x189
Property Sub-Type Lots/Land
Property Description
Wonderful opportunity to build an affordable housing project at only $55k PER BUILDABLE DOOR OR 4 DUPLEXES. (AB 2097 eligible) This property sits in one of the hottest pockets of LA with high market rates and density incentives, NO CPIO, NO SP, NO Q-Conditions. This nice sized property of approximately 8,900 sqft lot (47x189) LAR3 TIER 3 This zoning will allow up 19 units using TOC density. Other opportunities include proposing an ED1 project (Eligible site) which gives additional bonus density with on and off menu incentives. Depending on choice, a developer can propose 40+ units ($26k PBD, buyer to verify).
Wonderful opportunity to build an affordable housing project at only $55k PER BUILDABLE DOOR OR 4 DUPLEXES. (AB 2097 eligible) This property sits in one of the hottest pockets of LA with high market rates and density incentives, NO CPIO, NO SP, NO Q-Conditions. This nice sized property of approximately 8,900 sqft lot (47x189) LAR3 TIER 3 This zoning will allow up 19 units using TOC density. Other opportunities include proposing an ED1 project (Eligible site) which gives additional bonus density with on and off menu incentives. Depending on choice, a developer can propose 40+ units ($26k PBD, buyer to verify).
Wonderful opportunity to build an affordable housing project at only $55k PER BUILDABLE DOOR OR 4 DUPLEXES. (AB 2097 eligible) This property sits in one of the hottest pockets of LA with high market rates and density incentives, NO CPIO, NO SP, NO Q-Conditions. This nice sized property of approximately 8,900 sqft lot (47x189) LAR3 TIER 3 This zoning will allow up 19 units using TOC density. Other opportunities include proposing an ED1 project (Eligible site) which gives additional bonus density with on and off menu incentives. Depending on choice, a developer can propose 40+ units ($26k PBD, buyer to verify).
Location
State CA
County Los Angeles
Area Los Angeles (90043)
Building
Lot Description Sidewalks
Lot Size Range 7500-10889 SF
Others
Acceptable Financing Cash
Listing Terms Cash
Listed by Rafael Alvarado • VIP Real Estate Firm