330 N Bixel ST, Los Angeles, CA 90026
330 N Bixel ST, Los Angeles, CA 90026
330 N Bixel ST, Los Angeles, CA 90026
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$885,000
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7,418 Sqft Lot
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330 N Bixel ST Los Angeles, CA 90026

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26104575

HOA Y/N No

Lot Size 7,418 Sqft

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.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LACW

Interior

Fireplace No

Exterior

View Y/N Yes

View City Lights

Building

New Construction No

Others

Senior Community No

Tax ID 5160021017

Special Listing Condition Standard


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Listed by Casey Lins Kidder Mathews of California, Inc. #01902650

NEARBY SCHOOL & BUSINESS

Robert Cedeno
Robert Cedeno

CEO License ID: 02031052

+1(626) 283-7800 | robertcedeno52@gmail.com

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330 N Bixel ST