The current opportunity is to develop approximately 16 apartment units under Los Angeles's new Transit Oriented Communities (TOC). Due to the proximity to the Olympic and Hoover Metro stop, this development qualifies for TOC Tier 3. Density Bonus incentives include an additional 22 feet in height and 50% increase in FAR, 70% increase in the number of buildable units, a decrease in setbacks and open space requirements, along with a reduction in parking now only requiring 0.5 spaces per unit. This 7,276 square foot lot with Single Family Residence will be delivered vacant at the close of escrow. Please
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
