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$ 1,450,000
Est. payment | /mo
6,494 Sqft Lot
$ 1,450,000
Est. payment | /mo
6,494 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26991967
HOA Y/N No
Lot Size 6,494 Sqft
Property Description
We are pleased to present a 6,492 SF development site located at 1851 S Barrington Ave in Los Angeles, California. The single lot is located in a prime West Los Angeles location, south of Santa Monica Boulevard and west of Sawtelle Boulevard. Positioned in prime West Los Angeles, this prime offering consists of a 6,492-square-foot LARD1.5-zoned lot with a five-unit bungalow-style property comprising of four (4) studio units and one (1) one-bedroom unit. The site offers a compelling ED1 redevelopment opportunity, supported by Seller-provided plans for 23 units that may potentially be reconfigured to accommodate up to 35-40 units of 100% affordable housing. The property benefits from convenient access to Santa Monica, Olympic, and Sawtelle boulevards, as well as the 405 and 10 freeways. Nearby amenities include Stoner Park, the Expo/Bundy Metro E Line station, and Sawtelle Japantown's vibrant collection of restaurants and shops, along with numerous retailers, fitness centers, cafes, and entertainment destinations. Overall, the property presents a compelling redevelopment opportunity with the possibility to reconfigure designs to build up to 35-40 units via ED1 in a prime West Los Angeles location, all while generating existing income as entitlements are being finalized.
Location
State CA
County Los Angeles
Area Wla - West Los Angeles
Zoning LARD1.5
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 4262022012
Special Listing Condition Standard
Listed by Jason Tuvia Marcus & Millichap #01772495
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