$1,800,000
Unimproved Land Los Angeles
- 8,538 Sqft lot
- Updated: August 31
- MLS#26873899
About the Property
( 28 Units MIIP, 78 Units AHIP ) 8,539 sf R4-1 parcel TOTAL 7 BD / 6.5 BA (2 BD / 3.5 BA UNPERMITTED). HUGE LOT IN A QUIET RESIDENTIAL AREA. DEVELOPMENT OPPORTUNITY: POTENTIAL FOR APPROX. OFFERED PRIMARILY FOR LAND VALUE AND TO BE DELIVERED VACANT. . Base zoning allows 21 units by right within a 45 ft / 3-story envelope at 3:1 FAR. The MIIP pathway reaches 28 units at a 12% ELI / 16% VLI / 25% LI
( 28 Units MIIP, 78 Units AHIP ) 8,539 sf R4-1 parcel TOTAL 7 BD / 6.5 BA (2 BD / 3.5 BA UNPERMITTED). HUGE LOT IN A QUIET RESIDENTIAL AREA. DEVELOPMENT OPPORTUNITY: POTENTIAL FOR APPROX. OFFERED PRIMARILY FOR LAND VALUE AND TO BE DELIVERED VACANT. . Base zoning allows 21 units by right within a 45 ft / 3-story envelope at 3:1 FAR. The MIIP pathway reaches 28 units at a 12% ELI / 16% VLI / 25% LI set-aside, while a100% affordable AHIP project reaches 78 units AHIP is the higher-yield path(envelope-limited), though every unit is income-restricted.
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Property type
Land
Features
- Mountain View
- City View
- Gate
Explore the Area
977 Arapahoe St, Los Angeles, CA 90006, California, United States
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Last updated
August 31
First listed
August 19
Agent licence
#01489175
Listing reference
2149477795079982
Listing status
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