Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). Bring your investors and developers to this 5,277 SF lot, zoned as C2-1VL-CPIO, it is TOC Tier 3, it is in a housing element site and State Enterprise Zone. C2 may allow you to build up to 3.75 times the lot area and 45' tall and up to 22 units with TOC3. If opted 100% affordable housing, you may be exempt from parking and possibly be able to apply under the new ED1 ordinance from Mayor Bass. TOC3 may allow you to add an additional 2 stories. All information provided deemed reliable but not guaranteed. Buyer and buyers agent to check with the city and county for zoning, specific restrictions and permitting regulations. This property is located just one block from the Avalon Metro station and in close proximity to the Magic Johnson Park and Recreation Center. Property being sold for land value. There is a 2 bed 1 bath single family home on the property and a detached garage.
|
DAYS ON MARKET
|
94
|
LAST UPDATED
|
10/20/2024
|
|
YEAR BUILT
|
1927
|
COMMUNITY
|
Metropolitan South
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Conditional
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
| AIR |
None |
| AREA |
Metropolitan South |
| HEAT |
None |
| LOT |
5728 sq ft |
| LOT DIMENSIONS |
45x126 |
| POOL DESCRIPTION |
None |
| STORIES |
1 |
| VIEW DESCRIPTION |
None |
| ZONING |
LAC2 |
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Listed with RE/MAX ESTATE PROPERTIES
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/30/24 6:19 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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