MID CONSTRUCTION DEVELOPMENT OPPORTUNITY! Introducing your next investment opportunity at 6142 Alcott St–a primely located property in the Faircrest Heights neighborhood of Los Angeles. This vacant 6,000 SF lot, already primed for framing, is zoned LARD1.5 and is being sold with permits to build four luxurious 3-story townhomes. The previously existing structure has already been demoed, grading is complete, underground plumbing and methane vent system in foundation are in place, and electrical plans are estimated to be delivered in 2-4 weeks. The future project plans provide 5,933 SF of living space divided among four sleek, modern townhomes. Each townhome will include private attached garages, walk-in-closets and various storage spaces with some featuring walk-in kitchen pantries and powder rooms. Plans call for two 3-bed/3-bath townhomes, one 3-bed/4-bath townhome, and one 4-bed/2.5-bath townhome–a total of 13 bedrooms and 12.5 bathrooms–all crafted with a contemporary touch that complements the vibrant Faircrest Heights aesthetic. Attention, developers–this project is further enhanced by parking reductions made possible through AB 2097, allowing you to optimize livable space. And the potential of this project doesn’t end there. With strategic use of affordable housing density incentives, either through the standard program or the Tier 3 Transit Oriented Communities (TOC) eligibility, the prospect to scale this development to 5 or 6 units is a viable possibility. Seize this opportunity to deliver high-quality housing in one of the city’s most desirable neighborhoods while maximizing return on investment.
Property Details
Price:
$1,849,000
MLS #:
23-292741
Status:
Sold ((Dec 7, 2023))
Baths:
0
Address:
6142 Alcott St
Type:
Land
Neighborhood:
beverlywoodvicinity
City:
Los Angeles
Listed Date:
Jul 21, 2023
State:
CA
Lot Size:
6,000 sqft / 0.14 acres (approx)
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- Address6142 Alcott St Los Angeles CA
- AreaBeverlywood Vicinity
- CityLos Angeles
- CountyLos Angeles
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Courtesy of Yohann Bensimon at Keller Williams Hollywood 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 2024-04-28.
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 2024-04-28.
6142 Alcott St
Los Angeles, CA
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