FOR SALE
$1,200,000

330 N Bixel Street
Los Angeles, CA 90026

Land
Land Lot
7,460
Sq. Ft.
0.17
Acre Lot
Courtesy: Casey Lins - Kidder Mathews of California, Inc.; Email: [email protected]
Agent Websites> California> Los Angeles> 90026
We are pleased to present a 100% vacant land development opportunity located just South of Echo Park! Totaling +/-7,457sf of LACW zoned land with base R4 density and Tier 2 TOC, there's potential for a developer to execute on either a market rate or affordable housing development. As a market rate development utilizing the R4 base density and applying Tier 2 TOC bonuses, there's potential for a 31-unit market rate development. As a 100% affordable ED1 development, there's potential for a 30-35 unit development with no parking requirements with an affordable stick on grade type construction.With its close proximity to Echo Park, Dodger Stadium, Chinatown, and Downtown Los Angeles, the property is well positioned for a developer seeking a well-located property with high rental demands. Ownership has completed a Geophysical Survey Report and massing study for a market rate development, both of which can be made available upon request. Please note, there is a +/-5-6' access easement that runs along the Southern portion of the property. Buyer shall complete their own due diligence to determine the development potential. For more information please contact the listing broker.
CL24361261
Land, Other
Los Angeles
0.17 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

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

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