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4190 S Western Ave
Los Angeles, CA 90062
Opportunity Zone | Tier 3 TOC | Build 48 Unit · Land For Sale · 0.24 AC

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.24 AC
Zoning LAC2-1VL-CPIO /Tier 3 TOC

Description

4186-4190 S. Western Avenue is located in the rapidly growing neighborhood of Leimert Park with proximity to USC, Baldwin Hills and West Adams. The offering consists of two adjacent parcels, with a combined lot size of 10,309 SF zoned LAC2- 1VL-CPIO, and is comprised of (2) 3-bedroom and 1-bathroom single-family homes that are currently vacant. The unentitled land measures 80’ X 129’ making it a perfect candidate to build 48 units with a Tier 3 TOC density bonus incentive. Maximum of 38,663 buildable SF, 67 ft. height restriction (5 stories), and 24 required parking spaces. The parcels are located in an Opportunity Zone which qualifies the owner for a special tax incentive program.

  • Listing ID: 17545910

  • Date on Market: 10/25/2019

  • Last Updated:

  • Address: 4190 S Western Ave, Los Angeles, CA 90062

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