We are pleased to present for sale an excellent ED 1 TRIPLE LOT development opportunity located near the city of Gardena! While the 3 lots feature a Gardena address, the lots fall under city of LA zoning = more favorable towards development! Zoned LAR4-1, the site includes three APNs owned by a single owner: 6120-018-028, 029, 030 and is situated on a FLAT corner lot with an alley = optimal for design efficiency and parking access! Per seller’s architect, 170 units may be built on the 3 lots using ED 1 incentives = only $23,500/unit!!!! Take advantage of the ED 1 fully affordable program, which provides for expedited processing, higher density, and reduced setbacks through the ED1 Ministerial Approval Process. Current improvements include 2 duplexes and a triplex collecting $19,200/month in income = collect incredible income while going through the lengthy entitlement process. Close proximity to Torrance, Hawthorne, Lawndale, the 110 Freeway and more! Please do not disturb current occupants, interior inspection subject to accepted offer only. Contact listing agent for more details!
Property Details
Price:
$4,000,000
MLS #:
24-376329
Status:
Active
Baths:
0
Address:
824 W 164th St
Type:
Land
Neighborhood:
northgateway
City:
Gardena
Listed Date:
Apr 4, 2024
State:
CA
Lot Size:
19,801 sqft / 0.45 acres (approx)
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Community
- Address824 W 164th St Gardena CA
- AreaNorth Gateway
- CityGardena
- CountyLos Angeles
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Courtesy of Daniel Shamooelian at Keller Williams Beverly Hills. The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated 2024-05-02.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated 2024-05-02.
824 W 164th St
Gardena, CA
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