MAR VISTA: R3 Development Opportunity

DEVELOPMENT OPPORTUNITY— 10 UNITS 

Calling all Developers! This is a rare opportunity to purchase two adjacent R3 Zoned lots in the charming Mar Vista neighborhood. The location is fantastic, just a block away from Mar Vista Elementary school and walkable to Mar Vista Park, Whole Foods and Starbucks. The two parcels are being sold together with a total combined lot size of 17,409 SF along with approved architectural plans to construct 10 new homes. Alternatively you could develop +/- 21 units at 800 Square feet per unit. 

PROPERTY OVERVIEW 

Price: $5,800,000
Zoning: LAR3-1 
Potential Units: 10 Small Homes or ±21 Units (800SF/Unit) 
Existing Buildings: Two Single Family Residences 
Behind Properties: Alley 
Combined Lot Size: 17,409 SqFt 
No. of Parcels: 2 
APN #s: 4250010006 & 4250010007 

Comment