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900-908 N Alvarado St
Los Angeles, CA 90026
Land For Sale
·
0.35 AC
Investment Highlights
- The Neema Group of Marcus and Millichap is proud to present 900-906 N Alvarado St, a double lot multifamily development or owner user opportunity
- Ownership currently has preliminary plans for a 47-unit project
- The building includes the ground floor and mezzanine with open spaces that provide flexible buildout options for an owner user
- A unique opportunity for a developer to acquire 15,000 SF lot zoned C2-1VL & RD2-1VL in a Tier 2 TOC
- Potential to achieve unlimited density via AB 2345 and expedited entitlement process through Executive Directive 1
- The building totals 6,089 SF on a 15,000 SF lot with abundant parking that can accommodate approximately 30 cars
Property Facts
| Property Type | Land | Total Lot Size | 0.35 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Apartment Units | ||
| Zoning | C2-1VL & RD2-1VL Tier 2 - Commercial | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.35 AC |
| No. Stories | 1 |
| Zoning | C2-1VL & RD2-1VL Tier 2 - Commercial |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $4,161,600 | Total Assessment | $4,161,600 |
Property Taxes
Parcel Numbers
Land Assessment
$4,161,600
Improvements Assessment
$0
Total Assessment
$4,161,600
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