4153 Whittier Blvd - Commercial LAND FOR SALE


Los Angeles, CA 90023- East Los Angeles15,002 SF
$1,995,000 USD
310-497-4362
4153 Whittier Blvd, Los Angeles, CA for Sale
$1,995,000 USD
Commercial LAND - FOR SALE
1/16
15,002 SF

4153 Whittier Blvd
Los Angeles, CA 90023
East Los Angeles


HIGHLIGHTS

  • 51-unit, 3-story residential apartment development
  • Approx. 29,130 gross building SF
  • Unit mix of 4 studios, 42 one-bedrooms, and 5 two-bedroom
  • Includes 34 market-rate units and 17 affordable units
  • Shovel-ready site with existing improvements already demolished
  • 26 long-term and 6 short-term bicycle spaces

OVERVIEW

PartnersCRE is proud to exclusively present 4153 Whittier Blvd, Los Angeles, California—a rare shovel-ready multifamily development opportunity in a strong infill East Los Angeles location. The property consists of an approximately 15,000 SF lot (0.344 acres) and is approved for a 51-unit, 3-story apartment development totaling approximately 29,130 gross building square feet. With the existing improvements already demolished and substantial predevelopment work completed, the site offers a meaningful advantage for a developer seeking to move efficiently into the next phase of construction. The approved project is situated on approximately 0.3444 net acres and includes a unit mix of 4 studios, 42 one-bedroom units, and 5 two-bedroom units within a 3-story building. The plans provide for 17 affordable units across multiple affordability levels, including units at 30%, 50%, 80%, and 120% AMI, while the balance of the project consists of 34 market-rate apartments. The approval also includes a density bonus structure that supports the 51-unit design, along with a waiver for a reduced front yard setback. Additional project highlights include no parking, 26 long-term bicycle spaces, 6 short-term bicycle spaces, a proposed height of approximately 41 feet, and County clearances from Public Health, Fire, and Public Works Land Development. This is an excellent opportunity for a developer to acquire a site where demolition has already been completed and substantial entitlement and permit work has already been secured, significantly reducing lead time and entitlement risk. Positioned just 0.03 miles from public transportation, 4153 Whittier Blvd offers the attributes today’s urban multifamily developers seek: scale, transit accessibility, completed demolition, and meaningful entitlement progress. With site work already advanced and core development parameters established, this is an opportunity to acquire a Los Angeles infill project with reduced lead time, lower entitlement risk, and a clear path toward construction.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/ACRE

$5,793,490/AC

PRICE/SF

$133 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

51 Units, 3-Story Residential Apartment

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units, Apartment Units - Subsdzd

LAND ACRES

0.34 AC

LAND SF

15,000 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C-3 (General Commercial)

APN/PARCEL ID

5236-005-038

ASK ABOUT THIS PROPERTY

Jordan PetitoKW Commercial Beverly HillsMore Info
310-497-4362

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Jordan PetitoKW Commercial Beverly HillsMore Info
310-497-4362

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