Back To Search
3321 63rd Street

Los Angeles, CA 90043

$1,100,000 Price
Est. Payment: $ 0/mo
9
Bed
0
Bath
2,780 Sq. Ft.
$396 / Sq. Ft.

3321 63rd Street

Los Angeles, CA 90043

$1,100,000 Price
$0/mo
9
Bed
0
Bath
2,780
Sq. Ft.
Great investment opportunity for builders to develop, investors to buy and hold or as an owner-occupied property. ED1 Eligible. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs).Prime development opportunity in the vibrant and rapidly evolving 90043 zip code of Los Angeles. The parcel, zoned C2-2D-SP, offers significant potential for mixed-use development, benefiting from its designation as a TOC Tier 3 site. This tier allows for substantial density increases and parking reductions, enhancing the project's feasibility and attractiveness.Key Features include a generous buildable area with a lot size of 7,992 sq. ft. and a buildable square footage of 47,952 sq. ft., this property is ideal for creating a substantial mixed-use development. Density and parking benefits may allow a 70% density increase and a 50% reduction in parking requirements, optimizing the project's scope and efficiency. Situated in a bustling area with easy access to major thoroughfares and public transportation, this property is positioned to capitalize on the growing demand for residential and commercial spaces in Los Angeles. The strategic location ensures a steady influx of potential residents and businesses, making it a highly attractive investment for developers. All information given is deemed reliable but not guaranteed. Buyer and buyers agent to perform their own investigation to verify zoning, planning and building possibilities, including but not limited to lot size, to their satisfaction. Call listing agent for additional information on the current rent roll. This property may be delivered vacant at close of escrow. An additional 3/2 unit is under construction with permits, bringing total number of units to three 3/2's. Property will be shown by appointment with accepted offer subject to interior inspection.
PROPERTY INFORMATION
MLS # 24415301 Lot Size 7,992 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 1,100,000
Price Per SqFt: $ 396
DOM 325 Days
Address 3321 63rd Street Type Residential Income
City Los Angeles Sq.Ft. 2,780 Sq. Ft.
Postal Code 90043 Garage N/A
County Los Angeles Year Built 1999
Bed / Bath 9 / 0 Parking 5
Built In 1999 Status Active
INTERIOR FEATURES
Has Appliances Yes
Kitchen Appliances Refrigerator
Has Heating Yes
Heating Information Wall Furnace
Has Cooling No
Cooling Information None
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,173
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


/year
/month

/month
PRICE HISTORY
Date Event Price
07/15/2024 Listed $1,100,000
Topfind Realty

Topfind Realty

REALTOR®

(844)-333-8033

Questions? Contact today.

Use a Topfind agent and receive a cash rebate of up to $11,000
Listing provided courtesy of Shamim Khorsand Mashhadi, RE/MAX ESTATE PROPERTIES. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Back To Search