315 Firmin Street, Los Angeles
Los Angeles Home For Sale
Emerging Area - Occupied 4-Plex For SaleExisting occupied 4-Plex is a great way to enter or add to your portfolio within this emerging market.The property is located in the Westlake neighborhood in Los Angeles just West of Downtown Los Angeles. Over the last five years the area has seen a great renewal with hundreds of new units built within a few blocks of the subject site. Existing residentially dense zoning and/or ADU legislation could allow for additional units to be built on property.Zoning: R4(CW)-45/3-0 (Density 400 SF of Land/Dwelling Unit, 45' Height Limit, 3.0 FAR) Key Highlights:Central Location - A short uber ride to Crypto.com Arena, Dodger Stadium, the Music Center, The Broad Museum, Echo Park, Chinatown, Little TokyoEmerging Area - Within a few blocks of the site there are close to 500 new units across 7 new apartment communities and even more beyond that immediate area.Multi-family Zoning - Existing zoning allows high density multi-family communities.TOC Tier 2 - City of Los Angeles Transit Oriented Communities Affordable Housing Incentive Program. Tier to be verified with current transportation services.QCT - Site is within QCT designated areas that are sought after by affordable housing tax credit developers (Qualified Tracts Area per 2024 HUD map).Don't miss out on this exceptional opportunity in this emerging market!
Property Details
Additional Information
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- City:
- Los Angeles
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- County:
- Other County
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- Zip:
- 90026
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- MLS® #:
- P1-18665
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- Lot Size:
- 0.00
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of August 13th, 2024 at 4:21pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.