330 N Bixel Street, Los Angeles, CA 90026
- $885,000
- List Price
- $885,000
- Status
- ACTIVE
- MLS#
- 26104575
- Lot Size
- 7,418
- Acres
- 0.17
- Days on Market
- 0
- Property Type
- Land
Property Description
We are pleased to present a 100% vacant land development opportunity located just South of Echo Park! Totaling 7,457 SFof LACW zoned land with base R4 density and Tier 2 TOC, there's potential for a developer to execute on either a market rate or affordable housing development. As a market rate development utilizing the R4 base density and applying Tier 2 TOC bonuses, there's potential for a 31-unit market rate development. As a 100% affordable ED1 development, there's potential for a 30-35 unit development with no parking requirements with an affordable stick-on grade type construction. With its close proximity to Echo Park, Dodger Stadium, Chinatown, and Downtown Los Angeles, the property is well positioned for a developer seeking a well-located property with high rental demands. Ownership has completed a Geophysical Survey Report and massing study for a market rate development, both of which can be made available upon request. Please note, there is a 5-6' access easement that runs along the Southern portion of the property. Ask Broker for additional details. Buyer shall complete their own due diligence to determine the development potential.
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Additional Information
- View
- City Lights
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Casey Lins (Casey.Lins@kidder.com) from Listing Office: Kidder Mathews of California, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.