$1,024,900
Multifamily development opportunity situated on an approximately 6,750 square foot lot within an Opportunity Zone. The property had a proposed five story, 30 unit residential project totaling approximately 15,450 square feet. The unit mix included studio, one bedroom, two bedroom, and three bedroom residences, with a portion of the units designated as affordable housing including TOC Tier 4 incentives. Located near the Vermont and Santa Monica Metro station and Los Angeles City College, the property offers potential for a future multifamily development.
Listed by Philip Boroda with Coldwell Banker Realty
MLS Property Type
Residential
Property Subtype
Single Family Residence
Status
Active
MLS Number
26997467
Year Built
1919
Lot Size
6,752 sq ft
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