4 bedroom house for sale
Los Angeles CA 90016
- Property Type
- House
- Price
- $2,495,000
- Beds
- 4
- Baths
- 3
Overview
We are proud to present a 12, 000 square foot R3-1 Tier 3 TOC Opportunity Zone development site (2938 and 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.
Details
- Beds: 4
- Baths: 3
- Price: $2,495,000
- Reference No.: 69173276
- Area: 2,173 sqft
Location
Los Angeles CA 90016
4 bedroom house for saleRelated Properties
Disclaimer
2024-03-31, Viewed 2 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-31, Viewed 2 times.
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