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- LoopNet Team
600 N Normandie Ave
Los Angeles, CA 90004
Corner Lot Development Site - 14 Unit · Land For Sale · 0.16 AC
Investment Highlights
- Corner Site
- 14 Unit Potential/Tier 1/OPP Zone
- Beautifully remodeled existing single family SFR
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.16 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.16 AC |
Description
Evanisko is pleased to offer for sale this extremely rare multifamily zoned lot. The property is well aligned for new multifamily development due to a slew of advantageous factors. This is not an entitled or RTI project. This is a marketing brochure which articulates one potentially viable way of developing the property. 1. Corner site. Project ingress/egress, view potential, and overall project visibility are all maximized. 2. R3-1. Perhaps the most attractive multifamily zone. 3. Transit Oriented. Tier 1. 4. Located in the Opportunity Zone. 5. Property delivered vacant. Beautifully remodeled 6-bedroom SFR. 6. Highest and best use will not require a discretionary planning action as a TOC project can potentially be executed without height increase. 7. Priced to sell at: $1,575,000
zoning
| Zoning Code | R3-1 |
| R3-1 |
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