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$450,000

Est. payment - /mo

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2 BD

1 BA

908 SqFt

Active Under Contract

11715 Avalon BLVD Los Angeles, CA 90061

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/20/2024 02:59 PM

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 908 sqft

Price per Sqft $495

MLS Listing ID 24420715

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1927

Lot Size 5,728 Sqft

Acres 0.1315

Property Description

Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). Bring your investors and developers to this 5,277 SF lot, zoned as C2-1VL-CPIO, it is TOC Tier 3, it is in a housing element site and State Enterprise Zone. C2 may allow you to build up to 3.75 times the lot area and 45' tall and up to 22 units with TOC3. If opted 100% affordable housing, you may be exempt from parking and possibly be able to apply under the new ED1 ordinance from Mayor Bass. TOC3 may allow you to add an additional 2 stories. All information provided deemed reliable but not guaranteed. Buyer and buyers agent to check with the city and county for zoning, specific restrictions and permitting regulations. This property is located just one block from the Avalon Metro station and in close proximity to the Magic Johnson Park and Recreation Center. Property being sold for land value. There is a 2 bed 1 bath single family home on the property and a detached garage.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAC2

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating None

Cooling None

Flooring Tile

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Laundry None

Exterior

Pool None

View Y/N No

View None

Attached Garage No

Total Parking Spaces 2

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6083014024

Special Listing Condition Standard

Listed by Shamim Khorsand Mashhadi • RE/MAX ESTATE PROPERTIES

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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