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Faits saillants de l'investissement

  • Two Side by Side Single Family Homes (1 on RdD1.5 zoned lot and the other on C4 zoned lot)
  • Will be delivered vacant
  • Tier 3 TOC incentives may create compelling opportunities for developers to significantly expand project scale beyond traditional zoning limitations
  • Prime Hollywood Location
  • Positioned in a high-demand rental market benefiting from continued growth in entertainment, media, technology, and creative sector employment
  • Opportunity to leverage Los Angeles’ evolving prodevelopment housing framework, including TOC, CHIP Ordinance incentives, and ED1-related housing init

Résumé de l'annonce

Must be purchased with adjacent property at 5416 Barton Avenue (total combined list price for both properties is $1,795,000). PERFECT DEVELOPMENT OPPORTUNITY OR 2 SINGLE FAMILY HOME REMODEL OPPORTUNITY. 5412 BARTON AVENUE: Exceptional redevelopment opportunity on an LAC4-zoned site in one of Hollywood's rapidly evolving multifamily and mixed-use corridors, surrounded by significant recent residential and creative office investment. Property can be delivered vacant, creating an ideal opportunity for immediate redevelopment and streamlined project planning. Located within a Tier 3 Transit Oriented Communities ("TOC")Incentive Area, allowing developers to potentially capitalize on meaningful density increases, parking reductions, and additional development incentives through affordable housing components. Opportunity to utilize multiple pro-housing development programs and evolving Los Angeles housing initiatives, including TOC incentives, the CHIP Ordinance, ED1 processing pathways, and other density maximizing strategies designed to accelerate multifamily housing production. Valuable urban infill location positioned near Larchmont Village, Hollywood Media District, Netflix, Paramount Studios, and major employment centers driving sustained rental demand. 5416 BARTON AVENUE: Rare redevelopment opportunity on an RD1.5-zoned site located in a rapidly improving Hollywood multifamily corridor near major employment and entertainment hubs. Property can be delivered vacant, allowing developers immediate flexibility for entitlement, planning, and redevelopment execution. Located within a Tier 3 TOC Incentive Area, creating the potential for substantial increases in allowable density, reduced parking requirements, and enhanced development flexibility through affordable housing incentives. RD1.5 zoning combined with Tier 3 TOC incentives may create compelling opportunities for developers to significantly expand project scale beyond traditional zoning limitations. Opportunity to leverage Los Angeles' evolving pro development housing framework, including TOC, CHIP Ordinance incentives, and ED1-related housing initiatives designed to encourage accelerated multifamily developmenT. Located adjacent to 5412 Barton Avenue, creating potential assemblage opportunities for developers seeking larger-scale multifamily redevelopment with improved site planning and enhanced economies of scale.

Faits sur la propriété

Prix 2 483 472 $ CAD
Type de vente Investissement
Nombre de lots 1
Type de propriété Terrain
Sous-type de propriété Terrain commercial
Taille totale du lot 0,31 AC
Zone de développement économique Oui
Zonage RD 1.5 and C4 - RD 1.5 and C4

1 Lot disponible

Lot

Prix 2 483 472 $ CAD
Prix par AC 7 983 182,69 $ CAD
Taille du lot 0,31 AC

Side by side single family homes that can be delivered vacant.

Description

Two single family residences

Très accessible à pied
80/100
Moyennement adapté aux voitures
70/100
Bons transports en commun
70/100
Plutôt accessible en vélo
50/100
  • ID d’inscription: 40758198

  • Date de mise sur le marché: 2026-06-02

  • Dernière mise à jour:

  • Adresse: 5412 Barton Ave, Los Angeles, CA 90038

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