315 Firmin Street, Los Angeles, CA 90026
-
Listed Price :
$700,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1911
Property Description
Emerging Area - Occupied 4-Plex For SaleExisting occupied 4-Plex is a great way to enter or add to your portfolio within this emerging market.The property is located in the Westlake neighborhood in Los Angeles just West of Downtown Los Angeles. Over the last five years the area has seen a great renewal with hundreds of new units built within a few blocks of the subject site. Existing residentially dense zoning and/or ADU legislation could allow for additional units to be built on property.Zoning: R4(CW)-45/3-0 (Density 400 SF of Land/Dwelling Unit, 45' Height Limit, 3.0 FAR) Key Highlights:Central Location - A short uber ride to Crypto.com Arena, Dodger Stadium, the Music Center, The Broad Museum, Echo Park, Chinatown, Little TokyoEmerging Area - Within a few blocks of the site there are close to 500 new units across 7 new apartment communities and even more beyond that immediate area.Multi-family Zoning - Existing zoning allows high density multi-family communities.TOC Tier 2 - City of Los Angeles Transit Oriented Communities Affordable Housing Incentive Program. Tier to be verified with current transportation services.QCT - Site is within QCT designated areas that are sought after by affordable housing tax credit developers (Qualified Tracts Area per 2024 HUD map).Don't miss out on this exceptional opportunity in this emerging market!
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
315 Firmin Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90026 |
| County |
Other |
| Listing Agent |
Roger Phillips DRE #01057506 |
| Co-Listing Agent |
James Maceo III DRE #01917022 |
| Courtesy Of |
Keller Williams Realty |
| List Price |
$700,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Multi Family |
| Structure Size |
N/A |
| Lot Size |
N/A |
| Year Built |
1911 |
Listing information courtesy of: Roger Phillips, James Maceo III, Keller Williams Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:53 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
