- A developer can build up to 110 units without height limits and parking space requirement on all three APNs. (see below Density, Height and FAR information for this property). - A developer can build up to 69 units without height limits and parking space requirement on the current parking lot ( APN 5501-001-006 & 7)
- Developers can build up to 43,595 sq.sf with purchasing following APN 5501-001-009 (4,533 sq.ft), #005 (7,518 sq.ft), #004 (7,420 sq.ft) lots.
- Hospitals and Medical Uses may go to 4.5/1 FAR & 200 ft. plus the height of roofs and roofs structures with special project approval under Vermont/Western Transit Oriented District.
- LAC2, LACM, TIER 4, SNAP C zoning. - 19,366 sq.ft building is situated on 24,124 sq.ft of land. - Current parking spaces under the building can be converted into offices for maximum annual income for the investor. - Proforma Annual Gross Rent Income of $500,000 when all tenants occupied. - It is located on the corner of Vermont Ave and Beverly Blvd. - Easy access to the 101 freeway, and is located across the street from the Beverly/Vermont Metro Station. - Buyer to do their own due diligence regarding possibilities for development.
3755 Beverly blvd: APN: 5501-001-008, Lot size: 9,092 sq.ft-
315 N Juanita ave: APN: 5501-001-006, Lot size: 7,515 sq.ft-
311 N Juanita ave: APN: 5501-001-007, Lot size: 7,515 sq.ft-
Total lot size of 24,124 sq.ft. Building size of 12,910 sq.ft (6,455 sq.ft each floor of total 2 stories) Listed by Sang Ur, Sang Ur Realty.