330 N Bixel Street, Los Angeles, CA 90026

  • $965,000
  • $129
330 N Bixel Street, Los Angeles, CA 90026
  • Land
  • Property Type
For Sale
330 N Bixel Street, Los Angeles, CA 90026
  • $965,000
  • $129

Overview

Property ID: SGR-33534453
  • Land
  • Property Type

Description

We are pleased to present a 100% vacant land development opportunity located just South of Echo Park! Totaling +/-7,457sf of 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. Buyer shall complete their own due diligence to determine the development potential. For more information please contact the listing broker.

  • Address 330 N Bixel Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90026
  • Area C21 - Silver Lake - Echo Park
  • Country United States

Details

Updated on August 20, 2024 at 10:36 am
  • Property ID: SGR-33534453
  • Price: $965,000
  • Land Area: 7460.00 m²
  • Property Type: Land
  • Property Status: For Sale
  • MLS#: 24361261
  • Office Name: KIDDER MATHEWS OF CALIFORNIA, INC.
  • Agent Name: Casey Lins
  • MLS Status: Active
  • Agent State License: 01902650

Additional details

  • View: City Lights
  • County: Los Angeles
  • Parking: 0.00

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