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MLS:23-297255

11715 Avalon, Los Angeles, CA 90061

Priced at: $550,000
Bedrooms:
2
Bathrooms (Full):
1
Bathrooms (Half):
0
Living Area SqFt:
908 Sq Ft
Lot SqFt:
5,277 Sq Ft
Year Built:
1927
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. 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.

Fees

Features

Equipment/ Appliances:
  • Dishwasher
  • Microwave
  • Ceiling Fan
Waterfront Description:
  • None
Parking:
  • Driveway
  • Garage Is Detached
  • Garage - 1 Car
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MLS: 23-297255
11715 Avalon, Los Angeles, CA 90061
Price: $550,000
Listing courtesy of RE/MAX ESTATE PROPERTIES

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"Property information shown has been provided from various sources, which can include the seller and/or public records. It is believed reliable but not guaranteed and should not be relied upon without independent verification."

Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. All dimensions are estimates only and may not be exact measurements. Square Footages are approximate. Floor plans and development plans are subject to change. The sketches, renderings, graphic materials, plans, specifics, terms, conditions and statements are proposed only, and the developer, the management company, the owners and other affiliates reserve the right to modify, revise or withdraw any or all of same in their sole discretion and without prior notice. All pricing and availability is subject to change. The information is to be used as a point of reference and not a binding agreement.

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