1550 East Slauson Avenue Avenue E, Los Angeles, CA 90011

$5,700,000

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List Agent JERRY STEPHENS () 951-567-3849 DIVERSIFIED REALTY INC.; CoList ()

List Price
$5,700,000
Status
ACTIVE
MLS#
IV26171874
Lot Size
36,860
Lot Location
Near Park, Rectangular Lot, Tear Down, Value In Land
Days on Market
48
Property Type
Land

Property Description

• Prime Affordable Housing Redevelopment Opportunity along an Entire-Block of Slauson Avenue Totaling 36,860 SF of Land • Advantageous MU-T (Mixed Use Transit) Zoning Within the Florence Firestone TOD Specific Plan that Allows Affordable Multi-Family by Right • No Minimum Parking Requirement for development Per AB 2097 Due to Close Proximity to Major Transit Stop (Slauson Station A Line) • Eligible for State Density Bonuses Through AB 1763 & AB 2334 With a 100% Affordable Project • High Visibility Development Opportunity on Slauson Avenue with Great Traffic Counts • Exceptional Transit-Oriented Location within Close Proximity to A Line, Bus Stops & Rail to Rail Pedestrian Path • Dense, Infill Location with Convenient Access to Nearby Major Employment Centers • Ideal Rectangular Lot Configuration for an Affordable Housing Development with over 120’ of Depth and 300’ of Width

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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.