Malibu to Beverly Hills and Surrounding Areas
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Property Description
Land/Lot - Los Angeles, CA Development opportunity! 9300 square feet of vacant land with an alleyway. High density rental area, perfect for residential development or Section 8 housing. Zoned R3-1/ TOC Tier 1. Buyer to investigate and confirm zoning with the city of Los Angeles. A 100% New construction -2-story -19-unit-100% affordable apartment built next door (2021 build) on an identical lot. (Buyer to investigate, sourced from city records). Seller has renderings for a 16-unit multi family apartment building. The plans have not been approved, buyer is advised to perform their own personal due diligence with regards to development potential.
Property Features
Status
| Days On Market | |
|---|---|
| Last Updated | June 5, 2023 |
| Market Status | Sale Pending |
Description
| Property Type | Land |
|---|---|
| Approx. Lot Size | .21 Acres |
Exterior Features
| Parking | 0 spaces |
|---|
Listing Features
| Property Type | Lots And Land; |
|---|
Lot Features
| Waterfront |
|---|
Offered By:
Steven D. Ito
Coldwell Banker Realty - Santa Monica
Steven D. Ito
Coldwell Banker Realty - Santa Monica
Data Provided by Combined LA Westside Multiple Listing Service, Inc
Anne of Green Gables
ESPN, CPN, ASP
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