Description
Partners CRE is proud to present for sale a development opportunity in prime Los Felizneighborhood located at 4652-4656 La Mirada Ave, Los Angeles, CA 90029. This propertyconsists of a 16,180 SF lot zoned LARD1.5-1XL and designated as Tier 3 Transit OrientedCommunities (TOC) and is situated in the Vermont/Western Station NeighborhoodSpecific Plan with existing structures including a 3-unit and 2-unit property totaling 2,101SF and 1,565 SF respectively.This project is suitable for ED1 100% affordable housing development which allowsfor Unlimited Density by utilizing State Density Laws with 100% Affordable Housing.The property features a desirable lot dimensions of 100' x 160' allowing for a maximumdensity project with approximately 90+ unit development potential within a 4-story type5 construction project (buyer to verify). The opportunity is centrally located between twomajor Metro stops on Vermont/Sunset and Vermont/Santa Monica. A walkers paradise toaccess local retail, metro, and more.
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0BEDS
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0.37ACRES
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01/2 BATHS
School Ratings & Info
Description
Partners CRE is proud to present for sale a development opportunity in prime Los Felizneighborhood located at 4652-4656 La Mirada Ave, Los Angeles, CA 90029. This propertyconsists of a 16,180 SF lot zoned LARD1.5-1XL and designated as Tier 3 Transit OrientedCommunities (TOC) and is situated in the Vermont/Western Station NeighborhoodSpecific Plan with existing structures including a 3-unit and 2-unit property totaling 2,101SF and 1,565 SF respectively.This project is suitable for ED1 100% affordable housing development which allowsfor Unlimited Density by utilizing State Density Laws with 100% Affordable Housing.The property features a desirable lot dimensions of 100' x 160' allowing for a maximumdensity project with approximately 90+ unit development potential within a 4-story type5 construction project (buyer to verify). The opportunity is centrally located between twomajor Metro stops on Vermont/Sunset and Vermont/Santa Monica. A walkers paradise toaccess local retail, metro, and more.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-17T10:28:26.727. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Living Socal Group Corporation. Licensed in the State of California, USA.