RTI approved permits for a "Shovel-Ready", non-rent controlled (no low-income requirement / no SB 8), 4-unit multifamily development that will overlook the downtown Los Angeles skyline and is within close walking proximity to the new 6th Street Bridge and P.A.R.C. under construction. Adding greater value, on December 12, 2023, the LA City Council voted to adopt the Boyle Heights Community Plan with rezoning amendments that will allow up to 11 residential units / 6,601.8 buildable sq. ft. at market rates or up to 20 residential units / 13,203.6 buildable sq. ft. with max bonus. In addition, the new zoning allows for the option of mixed-use development with no restriction on building height and the number of residential units will still remain up to 11 market rate units or up to 20 units with max bonus!
24342585
Land, Other
Los Angeles
0.1011
Acres
Public
Other,Sewer Tap Paid
HOLLENBECK PARK HEIGHTS TRACT
School Information
Los Angeles Unified
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Lot View
- Mountain, City
- Lot Dimensions
- 40 x 110
- Zoning
- LAC1
- Topography
- Level
- Additional Exterior/Lot Features
- Rectangular Lot,Flat.
Financial Considerations
5183025037
New sewer line (6" diameter) was installed from property to the sewer in 2022.
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