Description
This vacant, almost flat lot, spanning 9,179 square feet, presents an exceptional opportunity for residential development in the heart of the westlake community. zoned r3-1 and designated for medium residential use under the general plan, the property offers flexibility for multi-family housing. located within a transit priority area and benefiting from tier 2 transit-oriented communities (toc) status, developers can take advantage of attractive incentives, including density bonuses and reduced parking requirements, to maximize the site's development potential. additionally, the lot falls within the westlake recovery redevelopment project area and the los angeles state enterprise zone, providing potential access to tax credits and other economic incentives. this centrally located property combines zoning flexibility, toc benefits, and economic incentives, making it an ideal opportunity for developers aiming to contribute to westlake's growth and revitalization. vacant lot next door is also for sale with another broker.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
48342405
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2108
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 9181
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Listing Information
Listing Price Information
- Original List Price: 885,000
- Listing Contract Date: 2025-01-15
Lease Information
- Listing Agreement: Seller Reserved
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Taxes / Assessments
Tax Information
- Parcel Number: 5153013009
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C21 - Silver Lake - Echo Park
- Postal Code Plus 4: 5715
- Directions: South of Beverly Blvd., East of Alvarado.
- Zoning: LAR3
- Source Property Type: Land
- Area: C21 - Silver Lake - Echo Park
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 01/23/2025 @ 00:15
- MLS: 25483217
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 9,181 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90026, this Los Angeles County Land are nearby neighborhoods.