1400 W Miramar St, Los Angeles, CA 90026 (MLS # 20649166)

PRICE $2,500,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 8,277 sqft

Unique development opportunity located on the western perimeter of Downtown Los Angeles in City West. This 8,454 SF vacant lot is a corner parcel located on Lucas Ave/Miramar St. with views of Downtown LA. The property is zoned R4(CW)-75/3 and has a Tier 2 Transit Oriented Communities (TOC) designation within the Central City West Specific Plan. Current zoning may permit the construction of up to 21 units by-right, with a height restriction of 75 feet and 3:1 FAR. The properties Tier 2 TOC status permits a 60% increase in density, which may allow up to 36 units, 45% increase in FAR and reduced parking requirements. To take advantage of TOC incentives, a percentage of the total units would need to be dedicated to restricted affordable units. Developers who build a project consisting of 100% Restricted Affordable units may go up to Tier 3 TOC.

DAYS ON MARKET 37 LAST UPDATED 10/20/2020
YEAR BUILT 0 COMMUNITY C42 - Downtown L.A.
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Lot/Land/Acreage


ADDITIONAL DETAILS
AREA C42 - Downtown L.A.
LOT 8276 sq ft
LOT DIMENSIONS 141x60
VIEW Yes
VIEW DESCRIPTION City Lights
ZONING R4(CW)-75/3
MORTGAGE CALCULATOR
   

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Listing provided by : David Pearl CalDRE: 01963469, Keller Williams-Santa Monica

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/20 9:59 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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