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For SaleLuxury

$5,700,000

36,861 sqft$155/sqft93 days on market

1550 East Slauson Avenue Avenue

Los Angeles, CA 90011

· 8% down, 7% APR, 30yr fixed

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Beds

—

Baths

36,861

Square feet

—

Built

Listing narrative

Description

• Prime Affordable Housing Redevelopment Opportunity along an Entire-Block of Slauson Avenue Totaling 36,860 SF of Land • Advantageous MU-T (Mixed Use Transit) Zoning Within the Florence Firestone TOD Specific Plan that Allows Affordable Multi-Family by Right • No Minimum Parking Requirement for development Per AB 2097 Due to Close Proximity to Major Transit Stop (Slauson Station A Line) • Eligible for State Density Bonuses Through AB 1763 & AB 2334 With a 100% Affordable Project • High Visibility Development Opportunity on Slauson Avenue with Great Traffic Counts • Exceptional Transit-Oriented Location within Close Proximity to A Line, Bus Stops & Rail to Rail Pedestrian Path • Dense, Infill Location with Convenient Access to Nearby Major Employment Centers • Ideal Rectangular Lot Configuration for an Affordable Housing Development with over 120’ of Depth and 300’ of Width

Listing agent (MLS): JERRY STEPHENS · Listing brokerage (MLS): DIVERSIFIED REALTY INC.

Property Details

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Price

$5,700,000

Beds

Beds n/a

Type

Land

Home Size

36,861 sqft

Baths

Baths n/a

Lot Size

0.85 acres

Year

Year n/a

Status

For Sale

Days on Market

93

$ / Sqft

$155

· 8% down, 7% APR, 30yr fixed
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Courtesy of DIVERSIFIED REALTY INC.