2
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$850,000
Est. payment /mo
7,118 Sqft Lot
New
436 W 76th Los Angeles, CA 90003
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26161935
Lot Size 7,118 Sqft
Property Sub-Type Lots/Land
Property Description
Development opportunity. The property is being offered with plans currently in process for a proposed 6 unit multifamily development. Seller has obtained a demolition permit for the existing single family residence, which is intended to be demolished by Seller. The proposed approximately 3,500 SF development includes a planned unit mix of four (4) ADA-compliant 1-bedroom/1-bathroom units and two (2) 2-bedroom/1-bathroom units. Potential opportunity to add approximately 46 ADUs in addition to the proposed 6-unit development. Buyer to independently verify all development opportunities, feasibility, zoning, permits, approvals, plans, and ADU potential with the City of Los Angeles and all applicable agencies. Plans are currently in process and estimated to be Ready-to-Issue (RTI) in approximately 34 months. SELLER FINANCING AVAILABLE
Location
State CA
County Los Angeles
Direction Property is located on W. 76th St. between Vermont Ave. and Normandie Ave.
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 6020033011
Acceptable Financing Cash, Conventional, Seller May Carry
Listing Terms Cash, Conventional, Seller May Carry
Listed by Deborah Moussighi, DRE#01487871 Keller Williams Luxury
NEARBY SCHOOL & BUSINESS
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