Los Angeles, CA 90044,711 W 84th Street
Los Angeles, CA 90044,711 W 84th Street
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$1,900,000
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6,200 Sqft Lot
Active

711 W 84th Street Los Angeles, CA 90044

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL25522579

HOA Y/N No

Lot Size 6,200 Sqft

Acres 0.14

Property Sub-Type Unimproved Land

Property Description

Nestled in the heart of one of Los Angeles' most active development corridors, 711 W 84th Street offers an extraordinary opportunity for visionary investors and developers. Currently home to a three-unit property, this lot is deliverable vacant ready to be transformed into a high-impact, high-yield development. With sweeping eligibility under the City of Los Angeles' Tier 2 Transit-Oriented Communities (TOC) guidelines and the Adaptive Housing Incentive Program (AHIP), this site has the potential to host up to 43 affordable housing units. The future here is not just promising, it's powerful. This offering stands out thanks to a unique blend of development advantages. Notably, the site has no parking requirement, significantly reducing construction costs and increasing buildable density. In addition, a generous height allowance of up to 78 feet means developers can envision a mid-rise structure that maximizes both unit count and community impact. Perhaps most compelling is its location within an Opportunity Zone, opening the door for substantial tax incentives and long-term financial gains. Location is Everything. Strategically positioned, 711 W 84th Street boasts convenient access to major freeways, public transportation, and regional employment hubs making it a commuter's dream.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Fireplace No

Exterior

View Y/N false

View None

Building

New Construction No

Others

Tax ID 6032019025


Bridge MLS
Listed by Obie Nwabuzor • Pacific Playa Realty

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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711 W 84th Street