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3321 W 63RD ST LOS ANGELES, CA 90043
- Townhouse or Condo / Resale (MLS)
Property Details for 3321 W 63RD ST, LOS ANGELES, CA 90043
Features
- Price/sqft: $395
- Lot Size: 7990 sq. ft.
- Total Units: 2
- Total Rooms: 5
- Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Heating: 6
- Construction Type: Wood
Facts
- Year Built: 01/01/1999
- Property ID: 888549356
- MLS Number: 24-415301
- Parcel Number: 4006-003-035
- Property Type: Townhouse or Condo
- County: LOS ANGELES
- Legal Description: HYDE PARK LOT COM AT SE COR OF LOT 84 THW ON N LINE OF 63RD ST 69.47 FT TH N 80 FT TH E 10 FT TH N 40 FT TO N LINE OF LOT 81 TH E THEREON 59.50 FT TO NE COR OF SD LOT 81 TH S 120 FT TO BEG PART OF LOTS 81 AND LOT 84
- Zoning: LAC2
- Listing Status: Active
Pre-Foreclosure Info
- Recording Date: 06/07/2000
- Recording Year: 2000
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Great investment opportunity for builders to develop, investors to buy and hold or as an owner-occupied property. ED1 Eligible. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs).Prime development opportunity in the vibrant and rapidly evolving 90043 zip code of Los Angeles. The parcel, zoned C2-2D-SP, offers significant potential for mixed-use development, benefiting from its designation as a TOC Tier 3 site. This tier allows for substantial density increases and parking reductions, enhancing the project's feasibility and attractiveness.Key Features include a generous buildable area with a lot size of 7,992 sq. ft. and a buildable square footage of 47,952 sq. ft., this property is ideal for creating a substantial mixed-use development. Density and parking benefits may allow a 70% density increase and a 50% reduction in parking requirements, optimizing the project's scope and efficiency. Situated in a bustling area with easy access to major thoroughfares and public transportation, this property is positioned to capitalize on the growing demand for residential and commercial spaces in Los Angeles. The strategic location ensures a steady influx of potential residents and businesses, making it a highly attractive investment for developers. All information given is deemed reliable but not guaranteed. Buyer and buyers agent to perform their own investigation to verify zoning, planning and building possibilities, including but not limited to lot size, to their satisfaction. Call listing agent for additional information on the current rent roll. This property may be delivered vacant at close of escrow. An additional 3/2 unit is under construction with permits, bringing total number of units to three 3/2's. Property will be shown by appointment with accepted offer subject to interior inspection.
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Property Brokerage:
RE/MAX Estate Properties
124 Washington Blvd.
Marina Del Rey
CA
90275
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.
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