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Map
$6,500,000
●
Land -
For Sale
4155 Wilshire Blvd
Los Angeles, CA 90010
Studio
0 Bath
$31,917
Estimated Monthly
$0
HOA / Fees
About This Property
We are proud to present for sale a development opportunity in prime
Los Angeles' Windsor Square neighborhood - that vacant lot on
Wilshire Blvd. that you have been driving past for years wondering,
why don't they build something there?! Well, now is your
chance! The opportunity consists of a 22,377 SF lot zoned
CR(PKM)-1 in a Tier 3 TOC area with direct street access on three
sides of the lot. The property falls under the General
Commercial designation in the General Plan, allowing for R4
density! Or go for Unlimited Density by utilizing State
Density Laws with 100% Affordable Housing. The property is
subject to the Park Mile Specific Plan. Build 55+/- Units by
Right with AB2334, or up to 110+/- Units by Density Bonus! Go
with a strictly 100% Affordable Housing Project to maximize
density. The location qualifies for SAFMR Tier 2 rents.
Next to Koreatown and across the street from the gorgeous Los
Altos apartment building and half a mile to the Metro (D) Purple
Line Station, this property is located in a high demand area that
is soon to have easy access to the Metro Line that will take future
tenants towards Westwood, as it now already takes them to Downtown.
AB1287 may provide up to a 100% increase in density, provided
that 15% of the base density is set aside for Very-Low Income
Tenants and 15% of base density is set aside for Moderate Income
Tenants. No tenants, no Ellis, no RSO, the property is ready
for it's next role in life, and ready to become the go-to spot for
all different tenant types out there!
Unit Size
-
Days on Market
82 days
Land Size
0.51 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
Last updated: 2 months ago (CLAWCA #358203)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 14, 2024 | Listed by KELLER WILLIAMS BEVERLY HILLS REALTY | $6,500,000 | |
Listed by KELLER WILLIAMS BEVERLY HILLS REALTY | |||
May 11, 2022 | No longer available | - | |
No longer available | |||
Oct 12, 2021 | No longer available | - | |
No longer available | |||
Sep 29, 2021 | Sold | $4,180,000 | |
Sold | |||
Jun 30, 2021 | In contract | - | |
In contract |
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Property Highlights
Building Info
Overview
Building
Neighborhood
Zoning
Geography
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
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