518 S Park View Street, Los Angeles, Los Angeles County, CA, 90057 Los Angeles CA US

USD 1,995,000
For Sale MLS: SR22168826

Property Details

Bedrooms

2

Bathrooms

2

Neighborhood

Westlake

Property Type

MultiFamily

Description

Incredible Development Project!!! Situated in a OPPORTUNITY ZONE, this property is perfectly located in the thriving revitalized area of Macarthur Park/Westlake where currently there are a number of new apartment developments just completed. This property, which sits on a above average R4 zoned Lot is also located in a Trans Oriented Community (TOC) Tier 3 which allows the development of a brand new 30 units apartment building, 6 stories and 1 basement with a roof top using the 70% Bonus Density. Only 3 affordable units would be required of the 30 proposed units. Current tenants are month to month. Find out more about this property. Request details here

Location

Address

518 South Park View Street, Los Angeles, California 90057, United States

City

Los Angeles

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