2227 Valley Street
Los Angeles, CA 90057
0.36 acres | #25516145
Description
We are pleased to present a rare 100% vacant land development opportunity located in the Westlake neighborhood of Los Angeles. Totaling 15,760 of LAR3 Tier 1 TOC zoned land, a new owner has the ability to capitalize on various exit strategies that include the following: 1) Letter of Determination from Planning and Housing Approval for a 65-unit, 100% affordable, 4-story, 41,272 SF building, 2) Potential to redesign the plans for a 140+ unit ED1 affordable housing development, or 3)Utilize SB684 for 10 small lot homes! This development site is strategically located in close proximity to the 101, 110 and 10 freeways providing easy access to downtown Los Angeles as well as neighboring submarkets such as Koreatown, MacArthur Park, East Hollywood, Silver Lake, Echo Park Chinatown and Pico Union. Contact the listing broker for additional information.
Property Details
- CountyLos Angeles
- ViewCityLights
- Original List Price$4,250,000
- Property TypePurchase
- MLS #25516145
- MLS #25516145
- Cost4250000
- Acres0.3618
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Casey Lins (#CLW-C128038)
Listing Office: Kidder Mathews of California, Inc. (#CLW-X82410)
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