$700,000
Calculate Payment
315 Firmin Street Los Angeles, CA 90026
Other
Residence
Beds
Baths
2,048
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Emerging Area - Occupied 4-Plex For SaleExisting occupied 4-Plex is a great way to enter or add to your portfolio within this emerging market.The property is located in the Westlake neighborhood in Los Angeles just West of Downtown Los Angeles. Over the last five years the area has seen a great rene...wal with hundreds of new units built within a few blocks of the subject site. Existing residentially dense zoning and/or ADU legislation could allow for additional units to be built on property.Zoning: R4(CW)-45/3-0 (Density 400 SF of Land/Dwelling Unit, 45' Height Limit, 3.0 FAR) Key Highlights:Central Location - A short uber ride to Crypto.com Arena, Dodger Stadium, the Music Center, The Broad Museum, Echo Park, Chinatown, Little TokyoEmerging Area - Within a few blocks of the site there are close to 500 new units across 7 new apartment communities and even more beyond that immediate area.Multi-family Zoning - Existing zoning allows high density multi-family communities.TOC Tier 2 - City of Los Angeles Transit Oriented Communities Affordable Housing Incentive Program. Tier to be verified with current transportation services.QCT - Site is within QCT designated areas that are sought after by affordable housing tax credit developers (Qualified Tracts Area per 2024 HUD map).Don't miss out on this exceptional opportunity in this emerging market!
Continue reading
MLS#
P1-18665
Property Type
Other
Status
Year Built
1911
Square Feet
2,048
sq. ft
Receive an email as soon as the price changes
Receive an email
as soon as the price changesGet Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Get prequalified today and learn more.
Nearby Homes For Sale
Just Listed
And
Homes Available
In