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3626 Watseka Ave - SB8 EXEMPT DEVELOPMENT OPPORTUNITY Lot • Résidentiel • 0,15 Acres • 2 690 142 $ CAD • Los Angeles, CA 90034



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Faits saillants de l'investissement
- SB8-exempt development opportunity
- Existing vacant ±1,904 SF SFR
- Prime Westside location near the 10 & 405 Freeways
- ±6,535 SF LAR3-zoned lot with Tier 3 TOC incentives
- Flexible development potential
- Situated in a high-demand rental market
Résumé de l'annonce
We are pleased to present an SB8 exempt development opportunity located at 3626 Watseka Ave in the Palms neighborhood of Los Angeles.
The subject property is zoned for residential use with an existing ±1,904 square foot three-bedroom one-bathroom home that is currently vacant, eliminating the need for tenant relocation and allowing for demolition and immediate development planning.
The site consists of approximately ±6,535 square feet of LAR3-zoned land and benefits from Tier 3 Transit Oriented Communities (TOC) incentives. This zoning designation provides a compelling opportunity for developers to pursue a variety of project types, including market-rate multifamily housing with TOC density bonuses, affordable housing developments, or a multi-duplex configuration.
Strategically located directly south of the 10 freeway, Exposition Blvd and the Metro E Line station and three blocks north of Venice Blvd in Palms, the property offers excellent access to public transportation, with multiple nearby bus lines, as well as convenient proximity to the 405 Freeway. The site is ideally positioned within a high-demand rental market, surrounded by some of the West Side’s most sought-after neighborhoods, including Culver City, Mar Vista, Venice, Santa Monica, Baldwin Hills, Beverly Wood and more. Contact the listing broker for additional information.
The subject property is zoned for residential use with an existing ±1,904 square foot three-bedroom one-bathroom home that is currently vacant, eliminating the need for tenant relocation and allowing for demolition and immediate development planning.
The site consists of approximately ±6,535 square feet of LAR3-zoned land and benefits from Tier 3 Transit Oriented Communities (TOC) incentives. This zoning designation provides a compelling opportunity for developers to pursue a variety of project types, including market-rate multifamily housing with TOC density bonuses, affordable housing developments, or a multi-duplex configuration.
Strategically located directly south of the 10 freeway, Exposition Blvd and the Metro E Line station and three blocks north of Venice Blvd in Palms, the property offers excellent access to public transportation, with multiple nearby bus lines, as well as convenient proximity to the 405 Freeway. The site is ideally positioned within a high-demand rental market, surrounded by some of the West Side’s most sought-after neighborhoods, including Culver City, Mar Vista, Venice, Santa Monica, Baldwin Hills, Beverly Wood and more. Contact the listing broker for additional information.
Faits sur la propriété
| Prix | 2 690 142 $ CAD | Sous-type de propriété | Résidentiel |
| Type de vente | Investissement | Utilisation proposée | Multi-résidentiel |
| Nombre de lots | 1 | Taille totale du lot | 0,15 AC |
| Type de propriété | Terrain | ||
| Zonage | LAR3 - Residential | ||
| Prix | 2 690 142 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Résidentiel |
| Utilisation proposée | Multi-résidentiel |
| Taille totale du lot | 0,15 AC |
| Zonage | LAR3 - Residential |
1 Lot disponible
Lot
| Prix | 2 690 142 $ CAD | Taille du lot | 0,15 AC |
| Prix par AC | 17 931 530,62 $ CAD |
| Prix | 2 690 142 $ CAD |
| Prix par AC | 17 931 530,62 $ CAD |
| Taille du lot | 0,15 AC |
The subject property is zoned for residential use with an existing ±1,904 square foot three-bedroom one-bathroom home that is currently vacant, eliminating the need for tenant relocation and allowing for demolition and immediate development planning.
1 1
Moyennement accessible à pied
70/100
Très bien adapté aux voitures
80/100
Bons transports en commun
70/100
Moyennement accessible en vélo
60/100
Impôts fonciers
| Numéro de lot | 4313-017-005 | Évaluation des bâtiments | 421 817 $ CAD |
| Évaluation du terrain | 1 687 268 $ CAD | Évaluation totale | 2 109 086 $ CAD |
Impôts fonciers
Numéro de lot
4313-017-005
Évaluation du terrain
1 687 268 $ CAD
Évaluation des bâtiments
421 817 $ CAD
Évaluation totale
2 109 086 $ CAD
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3626 Watseka Ave - SB8 EXEMPT DEVELOPMENT OPPORTUNITY
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