5422 La Mirada Av Los Angeles, CA 90029

$7,350,000
Los Angeles, CA   90029
0 Beds, 0.0 Baths, 0 sq ft, 26,045 sq ft lot, Built in 0
5422 La Mirada Av, Los Angeles, CA 90029 Photo 0
5422 La Mirada Av, Los Angeles, CA 90029 Photo 1
5422 La Mirada Av, Los Angeles, CA 90029 Photo 2
5422 La Mirada Av, Los Angeles, CA 90029 Photo 3
5422 La Mirada Av, Los Angeles, CA 90029 Photo 4
0 Beds,
0.0 Baths,
0 sq ft,
26,045 sq ft lot
Built in 0

Description

MLS# 18390066

APNs 5537-005-004, 005, 017. The La Mirada-Lexington Development Site is a three-parcel street-to-street development site in Hollywood. Situated on approximately 26,045 square feet of land zoned R4 with a q condition resulting in a base density of 1 unit per 600 square feet of land, the property, on a by-right density, accommodates approximately 43 units. With city of Los Angeles Transit Oriented Communities Affordable Housing Incentive Guidelines (TOC Guidelines) in a Tier 3 area, the property can accommodate upwards of approximately 75 units. The four existing structures consists of three houses and a 10-unit apartment building. Two of the houses are on one lot which would be considered a duplex so 12 units are currently under rent control. The 10 unit apartment building is fully occupied but the three houses are vacant. Our hypothetical analysis assumes that a developer will entitle the property for approximately 75 units. Listed by Brent Sprenkle, Berkadia.

Description

MLS# 18390066

APNs 5537-005-004, 005, 017. The La Mirada-Lexington Development Site is a three-parcel street-to-street development site in Hollywood. Situated on approximately 26,045 square feet of land zoned R4 with a q condition resulting in a base density of 1 unit per 600 square feet of land, the property, on a by-right density, accommodates approximately 43 units. With city of Los Angeles Transit Oriented Communities Affordable Housing Incentive Guidelines (TOC Guidelines) in a Tier 3 area, the property can accommodate upwards of approximately 75 units. The four existing structures consists of three houses and a 10-unit apartment building. Two of the houses are on one lot which would be considered a duplex so 12 units are currently under rent control. The 10 unit apartment building is fully occupied but the three houses are vacant. Our hypothetical analysis assumes that a developer will entitle the property for approximately 75 units. Listed by Brent Sprenkle, Berkadia.

Area
AREA: C20 - Hollywood
COUNTY: LA
Building Info
VIEW: None
Exterior Features
LOT: Sprinklers None
Community
HOA DUES 1: 0.00
Land
ASSESSMENTS: None
ZONE: LAR4
Recently viewed

Nearby cities:    Monterey Park    Montebello    Commerce    Alhambra    Cudahy    South Pasadena