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$ 450,000
Est. payment /mo
Active Under Contract
11715 Avalon BLVD Los Angeles, CA 90061
2 Beds
1 Bath
908 SqFt
UPDATED:
10/20/2024 02:59 PM
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 908 sqft
Price per Sqft $495
MLS Listing ID 24420715
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1927
Lot Size 5,728 Sqft
Property Description
Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). Bring your investors and developers to this 5,277 SF lot, zoned as C2-1VL-CPIO, it is TOC Tier 3, it is in a housing element site and State Enterprise Zone. C2 may allow you to build up to 3.75 times the lot area and 45' tall and up to 22 units with TOC3. If opted 100% affordable housing, you may be exempt from parking and possibly be able to apply under the new ED1 ordinance from Mayor Bass. TOC3 may allow you to add an additional 2 stories. All information provided deemed reliable but not guaranteed. Buyer and buyers agent to check with the city and county for zoning, specific restrictions and permitting regulations. This property is located just one block from the Avalon Metro station and in close proximity to the Magic Johnson Park and Recreation Center. Property being sold for land value. There is a 2 bed 1 bath single family home on the property and a detached garage.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAC2
Interior
Heating None
Cooling None
Flooring Tile
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Laundry None
Exterior
Pool None
View Y/N No
View None
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6083014024
Special Listing Condition Standard
Listed by Shamim Khorsand Mashhadi • RE/MAX ESTATE PROPERTIES
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