This Land Property is no longer advertised on LoopNet.com.

335 S Rampart Blvd
Los Angeles, CA 90057
329-335 S Rampart Blvd · Land For Sale · 0.37 AC

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.37 AC
Zoning R4-1 Tier 2

Description

Presented for sale is a project approved for 53 rental units in the gentrifying neighborhood of Rampart Village. Central to all that Los Angeles has to offer, Rampart Village is seeing investments across all asset classes including new restaurants, nightlife, new for-sale homes, apartments and much more. Covering over 16k square feet of R4 land, the site has already been scraped and is ready for development with a Determination Letter for Density Bonus/Affordable Housing Incentives Program (8 restricted affordable units using SB2222), 53 parking spaces and FAR of 3.5:1 (41,014 sf). Approved unit mix is for 10 studio, 25 one-bedroom, 12 two-bedroom and 6 three-bedroom units. While current entitlements are for a great project, a new owner might be interested in using TOC incentives for higher unit counts (66± potential) or several other options available under the guidelines. Lots were tied to create new APN: 5155-021-027

Property Taxes

Property Taxes

Parcel Number
5155-021-027
Land Assessment
$3,452,700
Improvements Assessment
$0
Total Assessment
$3,452,700
  • Listing ID: 15016047

  • Date on Market: 1/29/2019

  • Last Updated:

  • Address: 335 S Rampart Blvd, Los Angeles, CA 90057

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