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Key Details
Sold Price $2,750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,756 sqft
Price per Sqft $997
MLS Listing ID 24381185
Sold Date 06/10/24
Bedrooms 7
HOA Y/N No
Year Built 1951
Lot Size 7,501 Sqft
Property Description
7500 sqft development lot in the heart of Brentwood. Zoned LAR3 and close enough to Bundy/Wilshire to qualify for TOC Tier 2 incentives (subject to City confirmation). Easy walk to Brentwood Village, Rapid Transit along Wilshire Blvd and the best of everything on the Westside. The City Planning Department is proposing additional development incentives that could allow even higher density. Property currently has 7 units with 4 being delivered VACANT. The alley at the rear of the property further increases the development potential. Very few development sites become available in Brentwood and there have been none on the market at this price in many years.
Location
State CA
County Los Angeles
Area C06 - Brentwood
Zoning LAR3
Interior
Fireplace No
Exterior
Garage Assigned, Driveway
Parking Type Assigned, Driveway
Total Parking Spaces 7
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4265014048
Special Listing Condition Standard
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Bought with Gavin Fleminger • Nourmand & Associates-BW