6339 Victoria ave - 8,900 sqft LAR3 TOC Tier 3 Land
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6339 Victoria ave - 8,900 sqft LAR3 TOC Tier 3 Land
0.2 Acres of Residential Land Offered at $1,050,000 in Los Angeles, CA 90043
Investment Highlights
- LAR3
- VACANT
- TIER3
Executive Summary
Wonderful opportunity to build an affordable housing project at only $55k PER BUILDABLE DOOR. This property sits in one of the hottest pockets of LA with high market rates and density incentives. This nice sized property of approximately 8,900 sqft lot (47x189) LAR3 TIER 3 This zoning will allow up 19 units using TOC density. Other opportunities include proposing an ED1 project which gives additional bonus density with on and off menu incentives. Depending on choice, a developer can propose 40+ units ($26k PBD, buyer to verify).
Property Facts
Price | $1,050,000 | Property Type | Land |
Sale Type | Investment | Property Subtype | Residential |
Sale Conditions | Redevelopment Project | Total Lot Size | 0.20 AC |
No. Lots | 1 |
Price | $1,050,000 |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 0.20 AC |
1 Lot Available
Lot 208
Price | $1,050,000 | Lot Size | 0.20 AC |
Price Per AC | $5,139,098 |
Price | $1,050,000 |
Price Per AC | $5,139,098 |
Lot Size | 0.20 AC |
LAR3, No overlays or CPIO, TOC tier 3, AB2027, ED1 eligible site.
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Walk Score ®
Very Walkable (73)
zoning
Zoning Code | LAR3 (Multiple Dwelling) |
LAR3 (Multiple Dwelling) |
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6339 Victoria ave - 8,900 sqft LAR3 TOC Tier 3 Land
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