$949,000
Developers and investors seeking a redevelopment opportunity, this property is Zoned C2-2D with CPIO overlay and located in TOC Tier 3, offering significant development upside through density, FAR, parking and mixed use incentives. Ready to develop, has experienced fire damage, allowing immediate control and flexibility for redevelopment. The site supports commercial and mixed use strategies and subject to city approval may offer additional density, increased buildable area, and reduced parking requirements. Well suited for repositioning, redevelopment, or expansion, with multiple execution and exit strategies for investors focused on development upside. Buyer to verify all future development potential and available incentives.
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Listed by Marie Ernst with Casa Bella Realty Group (310) 675-2999
Property Type
Mixed Use
Status
Active
MLS Number
SB26012587
Year Built
1925
Lot Size
5,018 sq ft