About this home
Property Details: • Type: Other • Bedrooms: 0 • Bathrooms: 0 • Square Feet: [object Object] • Lot/Size: 6,535 sqft lot
Description: 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 b