1851 S Barrington Avenue, Los Angeles, CA 90025
- $1,450,000
Listing courtesy of Listing Agent: Jason Tuvia (jtuvia@marcusmillichap.com) from Listing Office: Marcus & Millichap.
- List Price
- $1,450,000
- Status
- ACTIVE
- Days on Market
- 0
- MLS#
- 26991967
- Subtype
- Land
- Lot Size
- 6,494
- Acres
- 0.15
- MLS Area Major
- West Los Angeles (WLA)
Property Description
We are pleased to present a 6,492 SF development site located at 1851 S Barrington Ave in Los Angeles, California. The single lot is located in a prime West Los Angeles location, south of Santa Monica Boulevard and west of Sawtelle Boulevard. Positioned in prime West Los Angeles, this prime offering consists of a 6,492-square-foot LARD1.5-zoned lot with a five-unit bungalow-style property comprising of four (4) studio units and one (1) one-bedroom unit. The site offers a compelling ED1 redevelopment opportunity, supported by Seller-provided plans for 23 units that may potentially be reconfigured to accommodate up to 35-40 units of 100% affordable housing. The property benefits from convenient access to Santa Monica, Olympic, and Sawtelle boulevards, as well as the 405 and 10 freeways. Nearby amenities include Stoner Park, the Expo/Bundy Metro E Line station, and Sawtelle Japantown's vibrant collection of restaurants and shops, along with numerous retailers, fitness centers, cafes, and entertainment destinations. Overall, the property presents a compelling redevelopment opportunity with the possibility to reconfigure designs to build up to 35-40 units via ED1 in a prime West Los Angeles location, all while generating existing income as entitlements are being finalized.
/t.realgeeks.media/resize/300x/https://u.realgeeks.media/chanagedy%252FChana_Gedy_LOGO.png){kind=logo}
Additional Information
- Zoning
- LARD1.5
- View
- None
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.