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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$5,700,000

Est. payment - /mo

0.85 Acres Lot

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV26171874

HOA Y/N No

Lot Size 0.846 Acres

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

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning MU-T (Mixed Use Transit)

Interior

Fireplace No

Exterior

Community Features Biking, Storm Drain(s), Street Lights, Sidewalks, Park

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected

View Y/N Yes

View City Lights

Building

Lot Description Near Park, Rectangular Lot, Tear Down, Value In Land

Water Public

New Construction No

Others

Senior Community No

Tax ID 6008034001

Acceptable Financing Cash, 1031 Exchange, Government Loan

Listing Terms Cash, 1031 Exchange, Government Loan

Special Listing Condition Standard

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Listed by JERRY STEPHENS DIVERSIFIED REALTY INC. 951-567-3849, DRE #00546372

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

1550 East Slauson Avenue AVE E Los Angeles, CA 90011

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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