Redevelop an approx. 7,000 SF vacant lot in an emerging pocket just west of Downtown Los Angeles. The R4(CW)-75/3-0 zoning (400 SF of land per dwelling unit, 75' height limit, 3.0 FAR) offers broad flexibility and excellent redevelopment potential. City approvals required. Buyer to verify that property meets the requirements… Read More of their future plans for the site.Surrounded by neighborhood amenities, restaurants, and transit options, the property is well-suited for investors pursuing ground-up multifamily construction, a value-add renovation, or a custom long-term hold. A rare urban infill opportunity in a high-demand, rapidly improving submarket.Assemblage Potential - Adjacent parcels (1272 & 1276 W Court St) are available to create a larger combined 0.48-acre development site. See offering memorandum and inquire with agent.Don't miss this opportunity! Read Less
Property listed by Keller Williams Realty, Roger Phillips (310) 721-2896
Listing Snapshot
Days Online
2
Last Updated
Lot Size
0.16 Acres
MLS Number
P1-27514
Additional Details
Community
Sidewalks
Fence
None
Home Owner's Association
Association Fee: $0
Lot
0.1609 acres, SprinklersNone
Taxes
Parcel Number: 5160019031, Zoning: R4(CW)-75/3-0
Utilities
Water Source: Public
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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