Active

6321 11th Ave

Los Angeles CA, 90043

$1,299,999


$537.41 per sqft

Active

3 Baths

2,419 sqft

Multi-family

6321 11th Ave is a fully Vacant Triplex zoned LAR3, 11,363 square feet lot TOC Tier 3 in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, and apartment buildings nearby. Plans, survey and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs), 5 story 77 unit building or up to a 7 story 107 unit building(buyer to verify all with architect).There are several properties close by that are in plan check for an 100% Affordable ED-1 project and this area is rapidly growing. Very rare to find a fully vacant lot with this lot size close to LAX, walking distance to the train station, Inglewood and the stadium. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and redevelopment project. There is also an option to do a market rate project, 10 Townhomes plus two ADUS (4 duplexes) or add adus and remodel the existing units. The existing structure consists of (3) 2 bedroom 1 bath units. The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum , and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming. There are two sold comps with the same lot size that sold for $1.5 million, one of which is listed currently for $2 million after submitting for vesting!

24-413803

MLS ID

July 10, 2024

Listed

July 18, 2024

Updated

Map

6321 11th Ave
Los Angeles CA, 90043

Interior Features

Total Stories

1


Total Bathrooms

3


Appliances

None


Fireplace

No


Cooling

Yes


Cooling Description

Central


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.26 Acres

Other Property Details

Area Name

Park Hills Heights


Days on Market

8


Garage

No


Parking

Carport


Parking Total

5


View

No


View Description

None


County

Los Angeles


Pool

No


Zoning

LAR3

Listed by Daniel Lalezari with Keller Williams Hollywood Hills
Listing Contact: 310-650-4220 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Highland Premiere Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 7/18/2024

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