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2929 S Mansfield Ave
Los Angeles, CA 90016
2929 S Mansfield-West Adams Development Site · Multifamily Property For Sale
·
1 Unit
Investment Highlights
- ?Contiguous LAR3-Zoned Development Site
- ?Development Opportunity with Additional Assemblage Potential
- ?Approximately 750 Feet from the La Brea/Expo E Line Station
Executive Summary
Rare opportunity to control approximately 14,415 square feet of contiguous LAR3-zoned land in one of West Adams’ most strategically positioned infill locations.?
Located at 2924 S Orange Drive and 2929 S Mansfield Avenue, this two-parcel assemblage creates a unified development footprint that is increasingly difficult to reproduce in central Los Angeles.? Positioned approximately 750 feet from the La Brea/Expo E Line station, the site offers direct access to Culver City, Downtown Los Angeles, Santa Monica, and the region’s expanding technology, media, entertainment, and creative employment base.?
The property’s LAR3 zoning and identified Tier 3 TOC positioning may support increased residential density, reduced parking requirements, and additional incentives for a qualifying project.? More importantly, the contiguous configuration gives developers something that cannot easily be manufactured later: control, scale, design flexibility, and long-term optionality in a land-constrained urban corridor.?
The offering may be evaluated for multifamily development, phased development, land banking, or a longer-term hold strategy.? Qualified buyers seeking additional scale may also independently explore potential neighboring assemblage opportunities, creating another possible path toward an expanded footprint and greater development flexibility.?
This is not simply a land acquisition.? It is an opportunity to secure a difficult-to-replicate position near rail, employment, and continued residential demand before comparable sites become even harder and more expensive to assemble.?
The strongest development sites are not simply defined by what can be built today.? They are defined by the options they preserve for tomorrow.?
Call/Text: (323) 815-0582
Email: Luis@cbi-commercial.?com
Buyer to independently verify all property information, zoning, TOC eligibility, allowable uses, density, incentives, site dimensions, Opportunity Zone status, development capacity, and the availability of any neighboring parcels.?
Located at 2924 S Orange Drive and 2929 S Mansfield Avenue, this two-parcel assemblage creates a unified development footprint that is increasingly difficult to reproduce in central Los Angeles.? Positioned approximately 750 feet from the La Brea/Expo E Line station, the site offers direct access to Culver City, Downtown Los Angeles, Santa Monica, and the region’s expanding technology, media, entertainment, and creative employment base.?
The property’s LAR3 zoning and identified Tier 3 TOC positioning may support increased residential density, reduced parking requirements, and additional incentives for a qualifying project.? More importantly, the contiguous configuration gives developers something that cannot easily be manufactured later: control, scale, design flexibility, and long-term optionality in a land-constrained urban corridor.?
The offering may be evaluated for multifamily development, phased development, land banking, or a longer-term hold strategy.? Qualified buyers seeking additional scale may also independently explore potential neighboring assemblage opportunities, creating another possible path toward an expanded footprint and greater development flexibility.?
This is not simply a land acquisition.? It is an opportunity to secure a difficult-to-replicate position near rail, employment, and continued residential demand before comparable sites become even harder and more expensive to assemble.?
The strongest development sites are not simply defined by what can be built today.? They are defined by the options they preserve for tomorrow.?
Call/Text: (323) 815-0582
Email: Luis@cbi-commercial.?com
Buyer to independently verify all property information, zoning, TOC eligibility, allowable uses, density, incentives, site dimensions, Opportunity Zone status, development capacity, and the availability of any neighboring parcels.?
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
Property Taxes
| Parcel Number | 5049-032-056 | Improvements Assessment | $328,433 CAD |
| Land Assessment | $1,313,738 CAD | Total Assessment | $1,642,171 CAD |
Property Taxes
Parcel Number
5049-032-056
Land Assessment
$1,313,738 CAD
Improvements Assessment
$328,433 CAD
Total Assessment
$1,642,171 CAD
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