DEVELOPMENT OPPORTUNITY - Prime location to build your dream project in the highly desirable Palms - Mar Vista Area! R3 zoning with transit-oriented communities (TOC) tier 3 designation. Tier 3 TOC designation allows for a density bonus of up to 70% above the current by-right allowed number of units. This property is being marketed and sold as-is for land value. Lot size is 6,754 SF. Executive Directive 1 (ED 1) expedites the processing of affordable housing projects in Los Angeles. Eligible projects receive expedited processing, clearances, and approvals through the ED1 Ministerial Approval Process. Buyer can purchase land and use existing home for rental income until ready to build multi-level apartment units or condos. Conveniently located near Venice Blvd and Culver Blvd blocks from restaurants, bars, and coffee shops in downtown Culver City, Culver Steps, The Ivy, Exposition Corridor Bike Path, Sony Pictures Studio, Fox Studio's, The Platform, Culver City Arts District. Two Train/Metro E-Line Stations and Easy access to 10 and 405 freeways.
PW23192190
Single Family, 1 Story
3
Los Angeles
2 Full
1924
0.1551
Acres
Public
1
Public Sewer
2,104
Sq. Ft.
Yes
-2
spaces
School Information
Los Angeles Unified
Bathrooms
2
Total:2
Detailed Room Information
- Bedroom(s)
- Main Level: 3, Total: 3
- Laundry
- Inside,Laundry Closet,Stacked
Interior Features
- Appliances
- 6 Burner Stove,Barbecue,Double Oven,Dishwasher,Disposal,Refrigerator,Range Hood,Dryer,Washer
- Flooring
- Stone
- Cooling
- Central Air
- Heating
- Other. Central.
- Common Walls
- No Common Walls
- Entry Location
- Front Door
- Fireplaces
- Living Room.
- Security
- Carbon Monoxide Detector(s),Smoke Detector(s)
- Additional Interior Features
- Open Floorplan,All Bedrooms Down
Exterior / Lot Features
- Parking
- 2 Carport Spaces. 7 Parking Spaces. 0 Covered Parking Spaces. Attached Carport,Covered,Carport,Driveway Level,Driveway,RV Access/Parking,RV Covered.
- Patio
- Covered,Open,Patio
- Pool Description
- None
- Spa
- None
- Zoning
- LAR3
- Structural Condition
- Updated/Remodeled
- Additional Exterior/Lot Features
- Barbecue. Back Yard,Level,Street Level.
Community Features
- Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
- Complex Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Financial Considerations
4313017025
Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae, Submit
Arrows indicate 90 day trend
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