FOR SALE
$2,495,000

2938 S Orange Drive
Los Angeles, CA 90016

Multi-Family
Residential
3
Beds
2,173
Sq. Ft.
0.14
Acre Lot
Courtesy: Casey Lins - Kidder Mathews of California, Inc.; Email: [email protected]
Agent Websites> California> Los Angeles> 90016
We are proud to present a 12,000 square foot R3-1 Tier 3 TOC Opportunity Zone development site (2938 & 2942 S Orange Dr) located adjacent to a larger 39,902 square foot C1.5-1/R3-1 parcel that is also available for sale. In total, there is 51,902 SF of C1.5-1/ R3-1 zoned land available for sale in a contiguous assemblage in one of the hottest real estate markets in Los Angeles, West Adams. Located along the Northwest corner of Jefferson Blvd and La Brea Ave, the property is approximately 500ft away from the Exposition/La Brea Ave Metro Rail Line that provides easy access to Santa Monica, DTLA, Crenshaw, and LAX! With its proximity to public transportation, the site is zoned for Tier 3 TOC, providing developers a 70% density bonus and additional incentives for a new construction multi-family development. If you are unfamiliar with the West Adams neighborhood, nearby developments and tenants include the 1,200-unit Cumulus Development, the Apple Campus, Nike, Amazon Studios, Sony, and the +/-500,000 SF Ivy Station development. There continues to be strong development and leasing activity throughout the community with numerous sites in planning or development. If you're seeking a trendy up-and-coming neighborhood with ease of access to transportation, this is it.
CL24355364
Multi-Family, Other
3
Los Angeles
1930
0.14 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

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Courtesy: Casey Lins - Kidder Mathews of California, Inc.; Email: [email protected]

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