504 S Westlake Av Los Angeles, CA 90057

$3,000,000
Los Angeles, CA   90057
0 Beds, 0.0 Baths, 0 sq ft, 10,307 sq ft lot, Built in 0
504 S Westlake Av, Los Angeles, CA 90057 Photo 0
504 S Westlake Av, Los Angeles, CA 90057 Photo 1
0 Beds,
0.0 Baths,
0 sq ft,
10,307 sq ft lot
Built in 0

Description

MLS# 19468536

504 South Westlake Avenue is a prime redevelopment opportunity in the highly sought-after Westlake submarket of Los Angeles. The subject lot features a 10,306 square foot R4 zoned lot with a total of two structures totaling 4,692 square feet with rear alley access. The structures consist of two one-story apartment buildings totaling ten units. All tenants are currently on month-to-month leases and there is a possibility to deliver up to four units vacant. The lot allows building up to 25 units by right and 44 using the TOC Tier 3 density bonus. Additionally, the property is located in a Qualified Opportunity Zone. Listed by Guillermo Ma, E Xp Realty Of California Inc.

Description

MLS# 19468536

504 South Westlake Avenue is a prime redevelopment opportunity in the highly sought-after Westlake submarket of Los Angeles. The subject lot features a 10,306 square foot R4 zoned lot with a total of two structures totaling 4,692 square feet with rear alley access. The structures consist of two one-story apartment buildings totaling ten units. All tenants are currently on month-to-month leases and there is a possibility to deliver up to four units vacant. The lot allows building up to 25 units by right and 44 using the TOC Tier 3 density bonus. Additionally, the property is located in a Qualified Opportunity Zone. Listed by Guillermo Ma, E Xp Realty Of California Inc.

Area
AREA: C42 - Downtown L.A.
COUNTY: LA
Building Info
VIEW: See Remarks
Community
HOA DUES 1: 0.00
Land
ZONE: LAR4
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