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    1851 S Barrington Ave

    Los Angeles, CA 90025
    • $1,725,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: 20-647250
    UPDATED: 44 min ago
    $1,725,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    Description

    Marcus & Millichap, as exclusive listing agent, is pleased to present 1851 S Barrington Avenue, a premier 4 SLO or up to 8 unit apartment development opportunity in prime West Los Angeles, CA. This unique development opportunity is comprised of 6,491 SF of land zoned LARD1.5-1, allowing for a By Right 4-unit apartment project or 4 small lot single family homes. The site also falls under TOC Tier 3, allowing for a 45% density bonus or 8 total apartment units (including 1 affordable) along with reduced parking incentives, increased Floor Area Ratio, and a 30% reduction in an individual setback. A developer may also apply to change zoning to R3-1 for a total of 8 units. Because the project would result in less than 10 units, it would not be subject to Measure JJJ. The property is currently comprised of 5 units with a unit mix of (4) Studios and (1) 1 Bedroom / 1 Bathroom. The current building is 1,980 SF and was built in 1952.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-25T19:42:22.107. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.alwaysyourrealtor.com/homes/111053313
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    1851 S Barrington Ave Los Angeles, CA 90025

    • Price: $1,725,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: 20-647250
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    Neighborhood:
    West L.A.
    County:
    Los Angeles
    Area:
    West L.A.
    Property Description
    Marcus & Millichap, as exclusive listing agent, is pleased to present 1851 S Barrington Avenue, a premier 4 SLO or up to 8 unit apartment development opportunity in prime West Los Angeles, CA. This unique development opportunity is comprised of 6,491 SF of land zoned LARD1.5-1, allowing for a By Right 4-unit apartment project or 4 small lot single family homes. The site also falls under TOC Tier 3, allowing for a 45% density bonus or 8 total apartment units (including 1 affordable) along with reduced parking incentives, increased Floor Area Ratio, and a 30% reduction in an individual setback. A developer may also apply to change zoning to R3-1 for a total of 8 units. Because the project would result in less than 10 units, it would not be subject to Measure JJJ. The property is currently comprised of 5 units with a unit mix of (4) Studios and (1) 1 Bedroom / 1 Bathroom. The current building is 1,980 SF and was built in 1952.
    Exterior Features

    Lot Size Area 6492 View Description None View YN No

    Property Features

    Cable YN No Sale Type Standard Source Lot Size Area Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Jeffrey Louks DRE#00908473 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-25T19:42:22.107. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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