11715 Avalon Boulevard, Los Angeles, CA 90061

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Property Description

Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). Bring your investors and developers to this 5,277 SF lot, zoned as C2-1VL-CPIO, it is TOC Tier 3, it is in a housing element site and State Enterprise Zone. C2 may allow you to build up to 3.75 times the lot area and 45' tall and up to 22 units with TOC3. If opted 100% affordable housing, you may be exempt from parking and possibly be able to apply under the new ED1 ordinance from Mayor Bass. TOC3 may allow you to add an additional 2 stories. All information provided deemed reliable but not guaranteed. Buyer and buyers agent to check with the city and county for zoning, specific restrictions and permitting regulations. This property is located just one block from the Avalon Metro station and in close proximity to the Magic Johnson Park and Recreation Center. Property being sold for land value. There is a 2 bed 1 bath single family home on the property and a detached garage.


Interior Features

Laundry Information
Location(s) None
Bedroom Information
Bedrooms 2
Bathroom Information
Bathrooms 1
Flooring Information
Material Tile
Interior Information
Cooling Type None

Listing Information

Address 11715 Avalon Boulevard
City Los Angeles
State CA
Zip 90061
County Los Angeles
Listing Agent Shamim Khorsand Mashhadi DRE #02042990
Courtesy Of RE/MAX ESTATE PROPERTIES
List Price $450,000
Status Active
Type Residential
Structure Size 908
Lot Size 5,728
Year Built 1927

Listing information courtesy of: Shamim Khorsand Mashhadi, RE/MAX ESTATE PROPERTIES. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 6th, 2024 at 12:09 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.