This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
911 W Manchester Ave
Los Angeles, CA 90044
Double Lot Afford Housing Dev Opp Near Sofi! · Land For Sale · 0.37 AC
Investment Highlights
- 74 Unit Development (100% Affordable Housing) Covered Land Play
- $37,162 Per Buildable Unit Based on 74 Affordable Units
- 10+ Multi-Family/Mixed Use Developments Going Up Nearby
- Tier 3 TOC - 70% Density
- Zoned C2-2D-CPIO
- Located Near SoFi Stadium and New Hollywood Park Development, New Clippers Stadium
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Commercial | Total Lot Size | 0.37 AC |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.37 AC |
Description
We are pleased to exclusively offer for sale 911 W. Manchester Ave. Los Angeles, CA 90044, a 74-Unit Development (100% Affordable Housing) Covered Land Play Offering. Located near Sofi Stadium, this exciting 16,131 square foot double lot Development Opportunity is Tier 3 TOC , allowing 70% Density. Current tenant is Month-To-Month and the property is Zoned C2-2D-CPIO. Based on zoning, 38 Buildable Units with TOC and +/- 74 Buildable Units with 100% Affordable Housing. Priced at $37,162 Per Buildable Unit for the 100% affordable option, this is an extremely well-priced multi-family development opportunity. The location is extremely popular for new development, as there are more than 10 Multi-Family/Mixed-Use Developments being built close by. Property currently generates $54,726 in Annual Gross Income, which can continue to be collected while a developer seeks permits for redevelopment. This 16,131 SF double lot zoned LAC2 is priced at $170 per foot and will sell quickly!
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £7,649 | |
| Land Assessment | £89,164 | Total Assessment | £96,813 |
PROPERTY TAXES
zoning
| Zoning Code | C2 |
| C2 |
