Vacant land opportunity in South Los Angeles. This 5,240 SF lot is zoned [Q]R4-1, a high-density multifamily zone, which makes it a strong site for builders and developers planning an apartment project. Under base R4 density of 1 unit per 400 SF of lot area, the site could support roughly… Read More 13 units before any [Q] condition limits. Buyers may also be able to add units through State Density Bonus or other housing incentive programs. Because the lot is vacant, there’s no demolition, there are no tenants to relocate and no existing structures to work around, so a buyer can go straight to design and permitting. The property sits in an established residential neighborhood close to Broadway, public transit, schools, shopping and the 105 and 110 freeways. Buyer to independently verify zoning, [Q] conditions, buildable density, utilities and all property information with LADBS / City Planning. Read Less
Property listed by Century 21 Allstars, Danny Navarro 949-903-6633
Listing Snapshot
Days Online
2
Last Updated
Lot Size
0.12 Acres
MLS Number
DW26221154
Additional Details
Community
Valley
Home Owner's Association
Association Fee: $0
Lot
0.1221 acres, TearDown
Taxes
Additional parcels description:, Zoning: LAR4
Utilities
Water Source: Public
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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