Views - New Construction
Address
3101 S Western Avenue Los Angeles, CA
Price
$ 2,195,000
Property Attributes
  • MLS#21103239
  • TypeLand
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90018
  • Style
  • Price$ 2,195,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size11,317 SqFt
Listing Provided Courtesy Of:
Casey Lins with RE/MAX ESTATE PROPERTIES
Data Source:
Combined LA/Westside MLS (CLAW) - 318 - CA
Property Description

We are proud to present 3101 S Western Ave, an 11,317sf Tier 1 TOC LAC2-2D zoned development site. Located near the intersection of Jefferson Blvd & Western Ave, the site is primed for a developer to build a high yield new construction development that is located within minutes of USC, West Adams, and DTLA. The neighborhood is experiencing a resurgence of development, creative offices, and numerous businesses are placing a foothold in this proven marketplace. As a new development site, the land is zoned C2 and is situated in a 2D height district with a Tier 1 TOC designation. According to LA City and TOC guidelines, a developer may have the opportunity to build 28 units by right, or 44 units by utilizing the Tier 1 TOC density bonuses. With its corner location and alley access, the property provides flexibility for parking layouts and ingress/egress for a new building. The property currently has a 2,805sf commercial building that will be delivered 100% vacant at the close of escrow. Contact listing brokers for additional information.

Price History
11/8/2021 Listed $2,195,000

General Features

Co-Listing Agent State License # 01775040
Co-listing Agent CARLOS SANDOVAL - BRE#01775040
Listing Agent Casey Lins - BRE#01902650
Listing Agent State License 01902650
Lot Size Square Feet 11317
MLS Area C16 - Mid Los Angeles
Property Type Land
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
View City Lights
Zoning LAC2

Exterior Features

Lot Size Acres 0.26
Lot Size Area 11317
Lot Size Units Square Feet
View Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 90018

Price
AVG $2.2M
$2.2M
Walkscore
AVG 82
82
Data Provided by Walkscore ® not using MLS data

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