3444 & 3450 Vinton Ave | Los Angeles, CA 90034
For Sale
Number of Units: 7 Units • Building Size: 6,104 Sf • Lot Size: 15,006 SF • Zoning: LA R3-1 T.O.C 3
The Vinton Avenue investment opportunity presents investors with three distinct acquisition strategies, including redevelopment, value-add repositioning, or owner-user occupancy, located in one of the Westside’s strongest rental markets and long-term appreciation in the Palms / Mar Vista submarket.
The property is zoned R3 and located within a TOC Tier 3 Transit Oriented Community area, allowing for significant redevelopment potential. Based on current zoning, the site allows for approximately 20 units by right on the combined ±15,000 square foot lot. Through the TOC Affordable Housing Incentive Program
or State Density Bonus, a developer may increase density to 30 to 40units, subject to affordable housing
Investors may also pursue a value-add repositioning strategy by improving the existing seven-unit apartment property. The asset currently offers three vacant units, providing immediate upside
through interior renovations and rental repositioning. Additionally, investors may explore the potential to add Accessory Dwelling Units (ADUs), further increasing rental income and long-term asset value.
| Number of Units | Building Size | Lot Size | Price | |
|---|---|---|---|---|
| 3444 | 4 units | 4,076 SF | 7,503 SF | - |
| Address 2 | 3 Units | 2,028 SF | 7,503 SF | - |
| Total | 7 units | 6,104 SF | 15,006 SF | $3,995,000 |