646 N Genesee Ave | Los Angeles, CA 90036
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- LoopNet Team
646 N Genesee Ave
Los Angeles, CA 90036
Land For Sale
·
0.14 AC
INVESTMENT HIGHLIGHTS
- A 6,207 SF lot just south of Melrose Ave and east of Fairfax Ave, ideally located down the street from Fairfax High School and The Grove
- Unique opportunity in a supply-constrained submarket with few development opportunities available; $395 PSF at the asking price
- An ideal project would include four three-story townhouse units and an ADU
- Currently vacant land with no tenant relocation required and is zoned RD1.5-1XL-O in a Tier 2 TOC
- The ability to build up to five units by right and eight if the TOC benefits are maximized
- Ideal central location to easily commute to The Grove, Beverly Center, West Hollywood, Hollywood, Beverly Hills, Hancock Park, and Century City
PROPERTY FACTS
PROPERTY TAXES
| Parcel Number | 5527-022-024 | Improvements Assessment | $0 |
| Land Assessment | $2,231,036 | Total Assessment | $2,231,036 |
PROPERTY TAXES
Parcel Number
5527-022-024
Land Assessment
$2,231,036
Improvements Assessment
$0
Total Assessment
$2,231,036
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