1436-1440 W. Jefferson Blvd, Los Angeles, CA 90007

$2,350,000
Sold

Property Details

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1436-1440 W. Jefferson Blvd, Los Angeles, California 90007

Description:

The Davis Saadian Group of BRC Advisors – Beverly Hills, is pleased to offer for sale this rare Double Lot Co-living/ Student Housing Development opportunity located at 1436-1440 W. Jefferson Blvd, West of South Vermont Avenue & South of West Adams Boulevard.The site offers a zoning ordinance of LAC2-1VL, which allows for the construction of 31 units by right. With a Tier 2 TOC (60% density bonus), this allows for the development of an additional 18 units, totaling a potential 49 buildable units. The site features a 3:1 FAR by right and a FAR bonus to 4.35:1. The site includes two (2) contiguous parcels totaling a 12,297 SF lot size.