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$ 1,800,000
Est. payment | /mo
8,542 Sqft Lot
$ 1,800,000
Est. payment | /mo
8,542 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26873899
HOA Y/N No
Lot Size 8,542 Sqft
Property Description
( 28 Units MIIP, 78 Units AHIP ) 8,539 sf R4-1 parcel TOTAL 7 BD / 6.5 BA (2 BD / 3.5 BA UNPERMITTED). HUGE LOT IN A QUIET RESIDENTIAL AREA. DEVELOPMENT OPPORTUNITY: POTENTIAL FOR APPROX. OFFERED PRIMARILY FOR LAND VALUE AND TO BE DELIVERED VACANT. .Base zoning allows 21 units by right within a 45 ft / 3-story envelope at 3:1 FAR.The MIIP pathway reaches 28 units at a 12% ELI / 16% VLI / 25% LI set-aside, while a100% affordable AHIP project reaches 78 units AHIP is the higher-yield path(envelope-limited), though every unit is income-restricted.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR4
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
Lot Description Value In Land
Sewer Other, Sewer Tap Paid
Water Public
New Construction No
Others
Senior Community No
Tax ID 5076005011
Special Listing Condition Standard
Listed by Dae Young Hur Keller Williams Larchmont #01489175
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "