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3329 Whittier blvd 0.18 Acres of Residential Land Offered at $699,000 in Los Angeles, CA 90023
Investment Highlights
- Sale Price: $699,000
- Permit Process Substantially Complete - SOLD AS IS / WHERE IS IN DEVELOPMENT PROCESS
- Price per Buildable Unit: $21,844
Executive Summary
Contact Agent for Offering Memorandum.
Save months of preliminary design work. The sale includes all existing architectural blueprints, civil engineering, and structural
plans currently lodged with the Los Angeles Department of Building and Safety (LADBS).
The buyer will step into the shoes of the seller to navigate the remaining plan check process. You will assume full responsibility for
addressing any outstanding LADBS correction sheets, paying remaining city fees, and pulling the final building permits such as
Final BOE invoice payment for separate meters and finalization of fire hydrant location while obtaining final Fire Department clearance.
This is the perfect acquisition for an experienced builder or investor looking to streamline their pipeline in a high-demand Los Angeles market.
The property is being sold strictly "as-is" regarding its current development approvals and permitting status.
Priced at just $21,844 per buildable unit and $87 per square foot, with no tenant relocation required.
Conveniently located near Lorena Street Elementary and Robert Louis Stevenson Middle School, major employment
hubs in the Arts District, Vernon, and Downtown LA, and well connected to public transit via Metro L Line and Metro Local
Line stops at Lorena & Whittier, making it ideal for car-free commuting.
Seller makes no warranties regarding the timeline of final LADBS approval.
Buyer must verify all zoning, local ordinances, and plan check notes independently.
Save months of preliminary design work. The sale includes all existing architectural blueprints, civil engineering, and structural
plans currently lodged with the Los Angeles Department of Building and Safety (LADBS).
The buyer will step into the shoes of the seller to navigate the remaining plan check process. You will assume full responsibility for
addressing any outstanding LADBS correction sheets, paying remaining city fees, and pulling the final building permits such as
Final BOE invoice payment for separate meters and finalization of fire hydrant location while obtaining final Fire Department clearance.
This is the perfect acquisition for an experienced builder or investor looking to streamline their pipeline in a high-demand Los Angeles market.
The property is being sold strictly "as-is" regarding its current development approvals and permitting status.
Priced at just $21,844 per buildable unit and $87 per square foot, with no tenant relocation required.
Conveniently located near Lorena Street Elementary and Robert Louis Stevenson Middle School, major employment
hubs in the Arts District, Vernon, and Downtown LA, and well connected to public transit via Metro L Line and Metro Local
Line stops at Lorena & Whittier, making it ideal for car-free commuting.
Seller makes no warranties regarding the timeline of final LADBS approval.
Buyer must verify all zoning, local ordinances, and plan check notes independently.
Property Facts
1 Lot Available
Lot
| Price | $699,000 | Lot Size | 0.18 AC |
| Price Per AC | $3,793,717.30 |
| Price | $699,000 |
| Price Per AC | $3,793,717.30 |
| Lot Size | 0.18 AC |
LOT SIZE: 8,026 SF APN : 5188-004-045 ZONING: C1.5-1-CUGU LOT SIZE: 8,026 SF TOC: Tier 3 PROPOSED UNITS: 32 FLOORS: 5 PROPOSED UNIT MIX 1 BEDROOMS - 28 Units 2 BEDROOMS - 4 Units
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Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 5188-004-045 | Improvements Assessment | $0 |
| Land Assessment | $583,664 | Total Assessment | $583,664 |
Property Taxes
Parcel Number
5188-004-045
Land Assessment
$583,664
Improvements Assessment
$0
Total Assessment
$583,664
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3329 Whittier blvd