Your email has been sent.
122 E Street - CM zoned land 0.17 Acres of Commercial Land Offered at $650,000 in Wilmington, CA 90744
INVESTMENT HIGHLIGHTS
- The property contains a fenced Lot.
- Close proximity to the port of Los Angeles.
- Very walkable with an 87 walk score.
EXECUTIVE SUMMARY
Lot Size: 7,246 sq ft
Zoning: [Q]CM-1VL-O-CUGU
122 E East St., Wilmington, CA Vacant Land For Sale
TOC Tier 1 Development Potential
Lot Size: 7,246 sq ft
Zoning: [Q]CM-1VL-O-CUGU
Base Density: 1 unit per 800 sq ft (R3 equivalent)
Base Units Allowed: 9 units
TOC Bonus (50%): 5 units
Total Units Allowed: 14 units
Height Limit: Likely capped at 3 stories (approx. 45 ft) due to 1VL height district
FAR : Up to 2.75:1 = 19,800 sq ft of buildable area
Affordable Housing Requirement (TOC Tier 1):
2 units Extremely Low Income (ELI), or
2 units Very Low Income (VLI), or
3 units Lower Income
*Buyer to verify with the City of Los Angeles. TOC calculations based on Tier 1 eligibility.
Great investment or owner user opportunity located in an opportunity zone and Harbor Gateway State enterprise zone.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $650,000 | Lot Size | 0.17 AC |
| Price Per AC | $3,907,541.56 |
| Price | $650,000 |
| Price Per AC | $3,907,541.56 |
| Lot Size | 0.17 AC |
TOC Tier 1 Development Potential* Approximately 7,246 square feet of vacant land located directly off of E. E St in Wilmington, CA with close proximity to railroad freight forwarding services (Vanco Distribution).
DESCRIPTION
TOC Tier 1 Development Potential* Lot Size: 7,246 sq ft Zoning: [Q]CM-1VL-O-CUGU Base Density: 1 unit per 800 sq ft (R3-equivalent) Units Allowed: 14 units (9 base + 5 bonus) Affordable Requirement: 2 ELI, or 2 VL, or 3 Lower Income units Max FAR: 2.75:1 = 19,876 sq ft buildable area Height Limit: Approx. 45 ft (3 stories) *Buyer to verify with the City of Los Angeles. TOC calculations based on Tier 1 eligibility. Vacant Land. Great investment or owner user opportunity located in an opportunity zone and Harbor Gateway State enterprise zone.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $104,952 | Total Assessment | $104,952 |
PROPERTY TAXES
Presented by
122 E Street - CM zoned land
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.