1157 1201 E 20th Street
Los Angeles, CA 90011
- – beds
- – baths
- – sqft
- 10,886 sqft lot
- – on site
We are pleased to present a 10,886 square foot double lot located at 1157-1201 East 20th Street in Los Angeles, California. The subject property is situated in a great South-Central Los Angeles location, east of S Central Ave and south of E Washington Boulevard. This offering is positioned on two (2) parcels totaling 10,886 square feet of land with a zoning ordinance of LAR3-1. This allows for fourteen (14) units by-right. The lots are currently operating as a multifamily property with a total of seven (7) units giving a developer income while going through entitlements. The double lot is large offering developers a great opportunity to utilize ED1 with no maximum density requirement, and AB 2097 with no minimum parking requirement. Per ED1 this property has potential to bypass the maximum height requirements. Limited additional concessions or incentives are granted under the State Density Bonus program. By utilizing ED1 there is potential to up to eighty (80) units. This asset is positioned near many great local amenities including Trinity Recreation Center, 1720, Planet Fitness, The Boil Daddy, and 27th Street Bakery. Situated in a great South-Central Los Angeles Location, this offering presents an excellent opportunity for any developer to capitalize on a large double lot with the potential to build up to eighty (80) units utilizing ED1.
Last checked:
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Last updated Oct 14, 2024
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MLS# 24440391 —
The Building
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New Construction:No
Location
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Directions:The subject property is situated in a great South-Central Los Angeles location, east of S Central Ave and south of E Washington Boulevard.
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Latitude:34.02472200
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Longitude:-118.25283600
The Property
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Property Type:Land
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Zoning:LAR3
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Lot Features:Value In Land
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Lot Size Area:10886.0000
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Lot Size Acres:0.2499
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Lot Size SqFt:10886.00
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Lot Size Source:Assessor
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View:1
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View:City Lights
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Additional Parcels:Yes
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5131008027
Utilities
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Sewer:Other
The Community
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Senior Community:No
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Association:No
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Assessments:Yes
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Assessments:Buyer to Verify
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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10/14/24
Oct 14, 2024
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Price Changed | CRMLS_CA | $1,195,000 | -8.1% |
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9/16/24
Sep 16, 2024
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Listed / Active | CRMLS_CA | $1,300,000 |
