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Listed by JERRY STEPHENS • DIVERSIFIED REALTY INC.
$5,700,000
Est. payment /mo
0.85 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV-26171874
Lot Size 0.846 Acres
Source California Regional Multiple Listing Service (CRMLS)
Property Description
• Prime Affordable Housing Redevelopment Opportunity along an Entire-Block of Slauson Avenue Totaling 36,860 SF of Land
• Advantageous MU-T (Mixed Use Transit) Zoning Within the Florence Firestone TOD Specific Plan that Allows Affordable Multi-Family by Right
• No Minimum Parking Requirement for development Per AB 2097 Due to Close Proximity to Major Transit Stop (Slauson Station A Line)
• Eligible for State Density Bonuses Through AB 1763 & AB 2334 With a 100% Affordable Project
• High Visibility Development Opportunity on Slauson Avenue with Great Traffic Counts
• Exceptional Transit-Oriented Location within Close Proximity to A Line, Bus Stops & Rail to Rail Pedestrian Path
• Dense, Infill Location with Convenient Access to Nearby Major Employment Centers
• Ideal Rectangular Lot Configuration for an Affordable Housing Development with over 120' of Depth and 300' of Width
• Advantageous MU-T (Mixed Use Transit) Zoning Within the Florence Firestone TOD Specific Plan that Allows Affordable Multi-Family by Right
• No Minimum Parking Requirement for development Per AB 2097 Due to Close Proximity to Major Transit Stop (Slauson Station A Line)
• Eligible for State Density Bonuses Through AB 1763 & AB 2334 With a 100% Affordable Project
• High Visibility Development Opportunity on Slauson Avenue with Great Traffic Counts
• Exceptional Transit-Oriented Location within Close Proximity to A Line, Bus Stops & Rail to Rail Pedestrian Path
• Dense, Infill Location with Convenient Access to Nearby Major Employment Centers
• Ideal Rectangular Lot Configuration for an Affordable Housing Development with over 120' of Depth and 300' of Width
Location
State CA
County Los Angeles
Area Metropolitan South
Zoning MU-T (Mixed Use Transit)
Exterior
Community Features Biking, Sidewalks, Storm Drains, Street Lights
Utilities Available Sewer Connected, Underground Utilities, Water Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
View Y/N Yes
View City Lights
Building
Lot Description Lot 20000-39999 Sqft, Park Nearby, Rectangular Lot, Tear Down, Value In Land
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Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900