12650 Western Ave - Commercial LAND FOR SALE


Los Angeles, CA 90047- West Athens24,829 SF
$3,200,000 USD
323-385-4324
12650 Western Ave, Los Angeles, CA for Sale
$3,200,000 USD
Commercial LAND - FOR SALE
1/9
24,829 SF

12650 Western Ave
Los Angeles, CA 90047
West Athens


HIGHLIGHTS

  • Construction of 29 residential units by right plus 8 accessory dwelling units (ADU)

OVERVIEW

Per a conversation with Zoe Axelrod, Senior Planner for the Los Angeles County Department of Regional Planning, there has been an ordinance approved affecting the property. Per Ms. Axelrod, based upon the size of the lot, in addition to commercial uses, the ordinance will now allow for the construction of 29 residential units by right. She also stated that eight accessory dwelling units (ADU) could be built by right and furthermore allow for an additional two ADU garage conversions. She stated that garages could be built and pre-plumbed during construction and then converted to ADU’s thereafter. She went on to say that there would be allowable density bonuses for low-income housing but it would require additional approvals along with a covenant preserving the low-income designated units.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/ACRE

$5,614,035/AC

PRICE/SF

$129 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

12650 S Western AVE , Los Angeles 90047

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Multi-Family, Apartment Units, Apartment Units - Subsdzd

LAND ACRES

0.57 AC

LAND SF

24,829 SF

OFFSITE IMPROVEMENTS

-

ZONING

LCC3YY

APN/PARCEL ID

6090-008-033

ASK ABOUT THIS PROPERTY

Sergio MartinezPAK RealtyMore Info
323-385-4324

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Sergio MartinezPAK RealtyMore Info
323-385-4324

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.