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6200 Yucca st
Los Angeles, CA 90028
6220 Yucca | ±1.16-ac Development | OZ Zone · Land For Sale
·
1.16 AC
Investment Highlights
- Prime Multi-Family Redevelopment Opportunity!
Executive Summary
The Site benefits from a uniquely favorable regulatory
environment. It is eligible for relief under recent CEQA
reform and is eligible for the City’s recent “CHIP”
ordinance, which by right allows for 368 units. The
CHIP ordinance adopted February 12, 2025, provides
ministerial approvals citywide and, as applied to 6220
Yucca Street, would likely permit a 5-over-3 residential
building with active ground-floor uses.
environment. It is eligible for relief under recent CEQA
reform and is eligible for the City’s recent “CHIP”
ordinance, which by right allows for 368 units. The
CHIP ordinance adopted February 12, 2025, provides
ministerial approvals citywide and, as applied to 6220
Yucca Street, would likely permit a 5-over-3 residential
building with active ground-floor uses.
Property Facts
1 Lot Available
Lot
| Price | $15,000,000 | Lot Size | 1.16 AC |
| Price Per AC | $12,931,034.48 |
| Price | $15,000,000 |
| Price Per AC | $12,931,034.48 |
| Lot Size | 1.16 AC |
- PREMIER (QOZ ZONE) ±1.16-ACRE BY-RIGHT RESIDENTIAL DEVELOPMENT ON “MAIN ON MAIN” - Perfectly rectangular parcel configuration maximizing development efficiency - Immediate proximity to Metro stations, Hollywood Boulevard and major employer
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,286,428 | |
| Land Assessment | $20,069,109 | Total Assessment | $21,355,537 |
Property Taxes
Parcel Numbers
Land Assessment
$20,069,109
Improvements Assessment
$1,286,428
Total Assessment
$21,355,537
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