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We are proud to present for sale a development opportunity for 78+/- Units by ED-1 or 18+/- Units by TOC/DB. The SFR on site currently has a Market-Rate Tenant so land bank it until ready to move forwardor until the City releases the new Zoning Code! With 9,752 SF of R3(EC - Exposition Corridor) Tier 4 land sitting on an alley, and a stone's throw to the Expo / Bundy Station of the Metro E / Expo Line, the development potential is very promising for Market Rate, Affordable Units, or a mix of both! This zip code is Tier 2 of SAFMR. No RSO! No need to Ellis! This Biker's Paradise (per Walk Score) is just off the Expo Line Bike Path; head to the beach, hop on the Expo Line and head to Downtown LA, or transfer to any connecting line and travel traffic-free throughout the region! Just one-tenth of a mile to the Expo Line Station, being walking distance to very high-paying jobs, being at the border of Santa Monica but with Los Angeles Zoning, this property has a strong future! And the high-barrier to entry won't see much competition while the market-rent tenant covers many of the expenses. No RSO. No need to Ellis.
Last Updated | 7/17/2024 | Year Built | 1942 |
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Community | West Los Angeles | County | Los Angeles |
Additional Details
AREA | West Los Angeles |
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GARAGE | Attached Carport, Yes |
LOT | 9692 sq ft |
PARKING | Attached Carport |
POOL | Yes |
POOL DESCRIPTION | In Ground,Lap |
STORIES | 1 |
STYLE | Other |
VIEW | Yes |
ZONING | R3(EC) Tier 4 |
Location
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