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1470 W Adams Blvd
Los Angeles, CA 90007
Immeuble residentiel Bien À vendre
·
2 Lots
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- 12,765 square feet of land zoned C2
- Flexible investment Options with existing property (1-2):
- 2. Add ADU on the spacious rear portion of the property
- TOC Tier 3, allowing for up to 53 units
- 1. Preserve and restore the existing 131-year-old historic property (Adapt it into multi-unit/ student housing)
- Versatile redevelopment opportunity: - Contemporary student housing, - Affordable housing, - Retail/ multifamily
Résumé analytique
Marcus & Millichap is pleased to present 1470 W Adams Blvd, a 12,765 square foot lot located one parcel east South Catalina Street and West Adams Boulevard, within the Adams-Normandie Historic Preservation Overlay Zone (HPOZ). Currently being occupied by the seller as an ARF Boarding Care Level (2). Per the City of Los Angeles zoning regulations, the site allows for the development of 31 market rate apartment units “buy right.”
In addition, the site qualifies under the Transit Oriented Communities (TOC) program at Tier 3 status, for a density bonus potentially allowing for up to 53 units through the 70% TOC density bonus incentive. Paired with a 30% reduction in parking requirements via the TOC designation, enhancing project efficiency, and reducing development costs it provides a developer with a plethora of architectural options.
With its proximity to major educational institutions, employment centers, entertainment venues, and transportation, 1470 W Adams Blvd is well-positioned for student housing, workforce or affordable housing, multifamily development, and/or long-term investment strategies. Providing an attractive opportunity for investors and developers seeking strong income and long-term appreciation potential.
Whether your strategy is to develop modern student housing, pursue affordable housing, establish a signature project in one of Los Angeles' most active and rapidly evolving corridors, 1470 W Adams Blvd presents a truly exceptional development opportunity. The property can be delivered vacant; which offers a clean slate and flexibility to execute your vision from the ground up. A site with this combination of location, potential, and flexibility are rarely available.
In addition, the site qualifies under the Transit Oriented Communities (TOC) program at Tier 3 status, for a density bonus potentially allowing for up to 53 units through the 70% TOC density bonus incentive. Paired with a 30% reduction in parking requirements via the TOC designation, enhancing project efficiency, and reducing development costs it provides a developer with a plethora of architectural options.
With its proximity to major educational institutions, employment centers, entertainment venues, and transportation, 1470 W Adams Blvd is well-positioned for student housing, workforce or affordable housing, multifamily development, and/or long-term investment strategies. Providing an attractive opportunity for investors and developers seeking strong income and long-term appreciation potential.
Whether your strategy is to develop modern student housing, pursue affordable housing, establish a signature project in one of Los Angeles' most active and rapidly evolving corridors, 1470 W Adams Blvd presents a truly exceptional development opportunity. The property can be delivered vacant; which offers a clean slate and flexibility to execute your vision from the ground up. A site with this combination of location, potential, and flexibility are rarely available.
Informations sur l’immeuble
| Prix par lot | 1 205 484 € | Classe d’immeuble | B |
| Type de vente | Investissement | Surface du lot | 0,12 ha |
| Nb de lots | 2 | Surface de l’immeuble | 401 m² |
| Type de bien | Immeuble residentiel | Nb d’étages | 2 |
| Sous-type de bien | Appartement | Année de construction | 1895 |
| Style d’appartement | Maison unifamiliale | ||
| Zonage | LAC2 Zoning, Tier 3 TOC - With LAC2 zoning and Tier 3 TOC incentives | ||
| Prix par lot | 1 205 484 € |
| Type de vente | Investissement |
| Nb de lots | 2 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | Maison unifamiliale |
| Classe d’immeuble | B |
| Surface du lot | 0,12 ha |
| Surface de l’immeuble | 401 m² |
| Nb d’étages | 2 |
| Année de construction | 1895 |
| Zonage | LAC2 Zoning, Tier 3 TOC - With LAC2 zoning and Tier 3 TOC incentives |
Caractéristiques
Caractéristiques du lot
- Cheminée
- Cuisine
Caractéristiques du site
- Laverie
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 3+2 | 2 | - | - |
Taxes foncières
| Numéro de parcelle | 5054-028-017 | Évaluation des aménagements | 29 111 € |
| Évaluation du terrain | 54 756 € | Évaluation totale | 83 866 € |
Taxes foncières
Numéro de parcelle
5054-028-017
Évaluation du terrain
54 756 €
Évaluation des aménagements
29 111 €
Évaluation totale
83 866 €
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