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3720 S Western Ave 0.41 Acres of Commercial Land Offered at $5,526,643 CAD in Los Angeles, CA 90018
PROPERTY FACTS
| Price | $5,526,643 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.41 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | ||
| Zoning | LAC2 - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses | ||
| Price | $5,526,643 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.41 AC |
| No. Stories | 1 |
| Zoning | LAC2 - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses |
1 LOT AVAILABLE
Lot
| Price | $5,526,643 CAD | Lot Size | 0.41 AC |
| Price Per AC | $13,414,181.67 CAD |
| Price | $5,526,643 CAD |
| Price Per AC | $13,414,181.67 CAD |
| Lot Size | 0.41 AC |
DESCRIPTION
3720 S. Western Avenue, is a fully entitled 201-unit affordable housing project in a desirable Los Angeles location. The finished building will encompass 89,655 SF of residential space, offering a desirable unit mix of 32 singles and 169 one-bedroom units, plus 1 on-site manager unit. The 17,965 SF lot will be delivered “Ready-to-Issue” (RTI) with permits for 200 income-restricted housing units and 1 manager’s unit. Due to the project being entirely low income housing the site will require no parking which will significantly reduce construction costs and accelerating project timelines.
PROPERTY TAXES
| Parcel Number | 5041-025-029 | Improvements Assessment | $301,913 CAD |
| Land Assessment | $2,587,824 CAD | Total Assessment | $2,889,736 CAD |
PROPERTY TAXES
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3720 S Western Ave
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