6321 11th Avenue

Los Angeles, CA 90043

$1,499,000

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Property Description

Fully Vacant Triplex zoned LAR3, 11,363 square feet lot TOC Tier 3 in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, retail and apartment buildings nearby. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and redevelopment project. The existing structure consists of (3) two bedrooms, 1 bath per unit. Preliminary plans and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs) , 5 story 77 unit building or up to a 7 story 107 unit building. There is also an option to do a market rate project with retail at the bottom, 10 Townhomes plus two ADUS (4 duplexes) or add ADUS and remodel the existing units (buyer to verify all with architect). The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum, and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming!

Interior Features

Bedroom Information
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Interior Information
Cooling Type Central Air

Listing Information

Address 6321 11th Avenue
City Los Angeles
State CA
Zip 90043
County Los Angeles
Listing Agent Daniel Lalezari DRE#01949474
Courtesy Of Keller Williams Hollywood Hills
MLS 24376777
List Price $1,499,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 11,364
DOM 33

Exterior Information

Maps

Listing information courtesy of: Daniel Lalezari, Keller Williams Hollywood Hills . *Based on information from the Association of REALTORS/Multiple Listing as of May 7th, 2024 at 12:20 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.