An oversized 17,100 SF, R4-1, TOC Tier 3 double lot with one seller. The sites zoning and location is conducive for virtually all forms of multifamily development including market rate, co-living, and affordable housing.
From an entitlement perspective, the site is as perfect as they come; no specific plan, base density under site plan review threshold, no HPOZ, no [Q] conditions, etc. Even one of the lots has been demolished and cleared. On the other lot there is a triplex with three month to month tenants.
The perfect canvas for anyone looking to develop multifamily in the City of Los Angeles without the entitlement red tape. Listed by Francis Evanisko, Evanisko Realty & Investment.