Vacant land opportunity in South Los Angeles. This 5,240 SF lot is zoned [Q]R4-1, a high-density multifamily zone, which makes it a strong site for builders and developers planning an apartment project. Under base R4 density of 1 unit per 400 SF of lot area, the site could support roughly 13 units before any [Q] condition limits. Buyers may also be able to add units through State Density Bonus or other housing incentive programs. Because the lot is vacant, there’s no demolition, there are no tenants to relocate and no existing structures to work around, so a buyer can go straight to design and permitting. The property sits in an established residential neighborhood close to Broadway, public transit, schools, shopping and the 105 and 110 freeways. Buyer to independently verify zoning, [Q] conditions, buildable density, utilities and all property information with LADBS / City Planning.
Listing courtesy of Listing Agent: Danny Navarro (dannynteam@gmail.com) from Listing Office: Century 21 Allstars.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.