4652 4656 La Mirada Avenue,Los Angeles,Los Angeles,Land

Property Description

Partners CRE is proud to present for sale a development opportunity in prime Los Felizneighborhood located at 4652-4656 La Mirada Ave, Los Angeles, CA 90029. This propertyconsists of a 16,180 SF lot zoned LARD1.5-1XL and designated as Tier 3 Transit OrientedCommunities (TOC) and is situated in the Vermont/Western Station NeighborhoodSpecific Plan with existing structures including a 3-unit and 2-unit property totaling 2,101SF and 1,565 SF respectively.This project is suitable for ED1 100% affordable housing development which allowsfor Unlimited Density by utilizing State Density Laws with 100% Affordable Housing.The property features a desirable lot dimensions of 100′ x 160′ allowing for a maximumdensity project with approximately 90+ unit development potential within a 4-story type5 construction project (buyer to verify). The opportunity is centrally located between twomajor Metro stops on Vermont/Sunset and Vermont/Santa Monica. A walkers paradise toaccess local retail, metro, and more.