The property is located in the Jefferson Park neighborhood, situated just steps to the Expo line and the much anticipated new Crenshaw/LAX line in 2020. A 3,404 sqft single family residence on an 8,704 sqft lot, which is in the Opportunity Zone and Transit Oriented Communities (TOC) Tier 4 area. The Metro Rail extension offers an alternative option to congested roadways and Opportunity Zones encourages development and job creation. The site allows a developer the opportunity to take advantage of the TOC Tier 4 density bonus to build up to 20 units (80%) with no parking or 10-15 units with 1 parking stall each. The subject property features a high walk score of 78 with close proximity to transportation options as well as major retail developments such as the Baldwin Hills Crenshaw Plaza, Marlton Square, and District Square.
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