Description

We are proud to present a development opportunity at 6839-6843 baird ave, reseda. this combined property offers a total lot size of approximately 27,298 sf and is zoned r2-1-rio under the mediumresidential general plan. the site is designated as a tier 3 transitoriented communities (toc) location, making it attractive for further development. the property currently includes both a duplex and a triplex, with the potential for additional units under ab2334 to achieve r3 zoning. located in a gentrifying neighborhood near schools, transportation, and major hubs such as van nuys airport and warner center, the area offers excellent residential appeal. with a high walkability score and proximity to public transit, this site is an ideal opportunity for developers. the site offers significant development potential as either a 100?fordable housing project or a by-right market rate development. as a tier 3 toc site, a fully affordable project can benefit from density bonuses, reduced parking requirements, and other incentives, allowing for greater unit yield. alternatively, the property is well-positioned for a market-rate development, leveraging its prime location and zoning to build a multi-family residential project without the need for special approvals.

• Property Type

  Land

• County

  Los Angeles

• Style

  Land

• AD ID

  46901820