Thank you
Daniel Shamooelian
Keller Williams Beverly Hills
310-432-6400
Price Reduced! We are pleased to present for sale an excellent ED 1 TRIPLE LOT development opportunity located near the city of Gardena! While the 3 lots feature a Gardena address, the lots fall under city of LA zoning = more favorable towards development! Zoned LAR4-1, the site includes three APNs owned by a single owner: 6120-018-028, 029, 030 and is situated on a FLAT corner lot with an alley = optimal for design efficiency and parking access! Per seller's architect, 170 units may be built on the 3 lots using ED 1 incentives = only $23,500/unit!!!! Take advantage of the ED 1 fully affordable program, which provides for expedited processing, higher density, and reduced setbacks through the ED1 Ministerial Approval Process. Current improvements include 2 duplexes and a triplex collecting $19,200/month in income = collect incredible income while going through the lengthy entitlement process. Close proximity to Torrance, Hawthorne, Lawndale, the 110 Freeway and more! Please do not disturb current occupants, interior inspection subject to accepted offer only. Contact listing agent for more details!
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Total Baths: 0
Full Baths: 0
Half Baths: 0
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.4546
Lot Size Source: Estimated
Lot Size Square Feet: 19801
Original List Price: 3,600,000
Listing Contract Date: 2024-04-04
Listing Agreement: Exclusive Right To Sell
Parcel Number: 6120018028
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 116 - North Gateway
Postal Code Plus 4: 4918
Directions: North of Gardena Blvd, South of 161st St, West of the 110 Freeway, East of Vermont Ave
Zoning: LAR4
Source Property Type: Land
Area: 116 - North Gateway
Year Built Source: Vendor Enhanced
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
16949 S Western Avenue .., Gardena, CA,90247 | $159,000 | 2 | 1 | 540 | -- |
15906 Halldale Avenue, Gardena, CA,90247 | $1,650,000 | 4 | 4 | 2,200 | 8000 Sqft |
15205 S Budlong Avenue .., Gardena, CA,90247 | $555,000 | 2 | 2 | 1,133 | 29337 Sqft |
13319 S New Hampshire A.., Gardena, CA,90247 | $649,000 | 3 | 1 | 1,080 | 5809 Sqft |
17024 S Western Avenue .., Gardena, CA,90247 | $99,000 | 2 | 1 | 559 | -- |
1618 W 146th Street, Gardena, CA,90247 | $1,169,000 | -- | -- | 3,296 | 10225 Sqft |
850 W Alondra Boulevard, Gardena, CA,90247 | $1,750,000 | -- | -- | -- | 10001 Sqft |
1129 Magnolia Avenue, Gardena, CA,90247 | $1,625,000 | 8 | 5.5 | 3,840 | 7924 Sqft |
1134 W 158th Street, Gardena, CA,90247 | $850,000 | 3 | 2 | 1,256 | 8195 Sqft |
15404 S Catalina Avenue, Gardena, CA,90247 | $899,000 | 4 | 2 | 1,993 | 5357 Sqft |
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ByOwner last updated this listing 05/19/2024 @ 17:37
MLS: 24376329
LISTED BY: Daniel Shamooelian, Keller Williams Beverly Hills
SOURCE: CRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.