See all 2 photos
$1,900,000
Est. payment /mo
6,200 Sqft Lot
Active
711 W 84th Street Los Angeles, CA 90044
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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

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Listed by Obie Nwabuzor • Pacific Playa Realty
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