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6321 11th Ave | Los Angeles CA | 7231217848

Daniel Lalezari

This listing was posted on RealtyWW.

$1,499,000

Home For Sale In Los Angeles, California

Price:
$1,499,000
BR/BA:
2 BR, 3 BA
Location:
6321 11th Ave, Los Angeles, CA
Description:

Fully Vacant Triplex zoned LAR3, 11, 363 square feet lot TOC Tier 3 that is walking distance to the Crenshaw Transit Corridor and a highly invested and gentrifying neighborhood surrounded with many brand new construction buildings completed projects nearby, in Hyde Park. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and redevelopment project. The existing structure consists of (3) two bedrooms, 1 bath per unit. Preliminary plans and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs) , 5 story 77 unit building or up to a 7 story 107 unit building. There is also an option to do a market rate project with retail at the bottom, 10 Townhomes plus two ADUS (4 duplexes) or add ADUS and remodel the existing units (buyer to verify all with architect). The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum, and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming!For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i70391258
Property Type:
Single-Family Houses
Posted:
April 8 on RealtyWW
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More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a Two Bedroom 3.5 Bath Single-Family Homes for Sale at 6321 11th Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 6321 11th Ave by searching Oodle Classifieds for Two Bedroom 3.5 Bath Single-Family Homes for Sale in Los Angeles CA.