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4153 Whittier Blvd, Los Angeles — 51-Unit Development Site for sale

Available

4153 Whittier Blvd

Los Angeles, CA 90023

$1,600,000

Reduced from $1,995,000

51-Unit, 3-Story Apartment Development

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Property details

Category
Development
Units
51
Lot
15,000 SF
Building
29,130 SF
Price / unit
$31,373
Zoning
C-3
APN
5236-005-038

Offering memorandum

Shared deal rooms

Highlights

  • 51 units approved: 4 studios, 42 one-bedrooms, 5 two-bedrooms
  • About 15,000 SF lot, roughly 0.34 acres
  • About 29,130 SF gross, three stories
  • 17 affordable units and 34 market-rate apartments
  • Existing improvements already demolished
  • Zoned C-3. APN 5236-005-038

An approved 51-unit, three-story apartment project on Whittier Boulevard in East Los Angeles. Asking price is $1,600,000. The lot is approximately 15,000 square feet, about 0.34 acres, with lot dimensions given as 100 by 150 feet.

Gross building area is approximately 29,130 square feet. The unit mix is 4 studios, 42 one-bedrooms, and 5 two-bedrooms. Seventeen units are affordable, at 30%, 50%, 80%, and 120% of area median income, and 34 are market-rate. Zoning is C-3. APN 5236-005-038. The memorandum says the existing improvements have been demolished and that the plans include no automobile parking. The site is described as vacant land.

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Opens an email to jordan@petitocre.com.

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