4155 Wilshire Boulevard
Los Angeles, CA 90010
- – beds
- – baths
- 22,362 sqft
- ~1/2 acre lot
- $290 per sqft
- – on site
We are proud to present for sale a development opportunity in prime Los Angeles' Windsor Square neighborhood - that vacant lot on Wilshire Blvd. that you have been driving past for years wondering, why don't they build something there?! Well, now is your chance! The opportunity consists of a 22,377 SF lot zoned CR(PKM)-1 in a Tier 3 TOC area with direct street access on three sides of the lot. The property falls under the General Commercial designation in the General Plan, allowing for R4 density! Or go for Unlimited Density by utilizing State Density Laws with 100% Affordable Housing. The property is subject to the Park Mile Specific Plan. Build 55+/- Units by Right with AB2334, or up to 110+/- Units by Density Bonus! Go with a strictly 100% Affordable Housing Project to maximize density. The location qualifies for SAFMR Tier 2 rents. Next to Koreatown and across the street from the gorgeous Los Altos apartment building and half a mile to the Metro (D) Purple Line Station, this property is located in a high demand area that is soon to have easy access to the Metro Line that will take future tenants towards Westwood, as it now already takes them to Downtown. AB1287 may provide up to a 100% increase in density, provided that 15% of the base density is set aside for Very-Low Income
Listing courtesy of BRIDGE / Keller Williams Beverly Hills
Last checked:
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Last updated Nov 13, 2024
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MLS# CL24358203 —
This property is listed in more than one place. See it here.
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area:22362
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Living Area Units:Square Feet
Location
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Directions:Just west of Koreatown. Wilshir
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Lot Size Area:0.51
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Lot Size Acres:0.51
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Lot Size SqFt:22362
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Lot Size Units:Acres
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Zoning:CR(P
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Parcel Number:5504009017
Listing Agent
- Contact info:
- Agent phone:
- (424) 600-7633
The Community
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Association:false
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 |
---|---|---|---|---|
5/21/24
May 21, 2024
|
Pending | BRIDGE | $6,500,000 | |
2/14/24
Feb 14, 2024
|
Listed / Active | BRIDGE | $6,500,000 | 55.5% (23.6% / YR) |
10/8/21
Oct 8, 2021
|
CRMLS_CA | $4,180,000 | -10.1% |