504 S Westlake Avenue

    Los Angeles (City), CA 90057
    • $3,000,000
    • STATUS: Active
    • ON SITE: 91 days
    • ID#: 19468536
    UPDATED: 19 min ago
    $3,000,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    504 South Westlake Avenue is a prime redevelopment opportunity in the highly sought-after Westlake submarket of Los Angeles. The subject lot features a 10,306 square foot R4 zoned lot with a total of two structures totaling 4,692 square feet with rear alley access. The structures consist of two one-story apartment buildings totaling ten units. All tenants are currently on month-to-month leases and there is a possibility to deliver up to four units vacant. The lot allows building up to 25 units by right and 44 using the TOC Tier 3 density bonus. Additionally, the property is located in a Qualified Opportunity Zone.

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    Based on information from CARETS as of 2019-08-20T18:50:31.703. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.sellbuyla.com/homes/95010681

    504 S Westlake Avenue Los Angeles (City), CA 90057

    • Price: $3,000,000
    • Status: Active
    • Updated: 19 min ago
    • ID#: 19468536
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    Neighborhood:
    Downtown L.A. (C42)
    County:
    Los Angeles
    Area:
    Downtown L.A. (C42)
    Property Description
    504 South Westlake Avenue is a prime redevelopment opportunity in the highly sought-after Westlake submarket of Los Angeles. The subject lot features a 10,306 square foot R4 zoned lot with a total of two structures totaling 4,692 square feet with rear alley access. The structures consist of two one-story apartment buildings totaling ten units. All tenants are currently on month-to-month leases and there is a possibility to deliver up to four units vacant. The lot allows building up to 25 units by right and 44 using the TOC Tier 3 density bonus. Additionally, the property is located in a Qualified Opportunity Zone.
    Exterior Features

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    Property Features

    Association Dues 0.0 Country United States Of America Hoa YN N Legal Disclosures Take Property As IsOther Listing Terms Owner May Carry Lot Size Source Vendor Enhanced Potential Usage Multifamily Development Special Conditions Standard Sale Zoning Lar4

    Listing provided courtesy of Guillermo Ma DRE#01350503 of Exp Realty Of California Inc.


    Based on information from CARETS as of 2019-08-20T18:50:31.703. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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