MLS® ID: 19-453144
1471 S SHERBOURNE DR
LOS ANGELES, California, 90035 $2,200,000
DEVELOPMENT OPPORTUNITY in prime PICO-ROBERTSON neighborhood! Area lots are zoned R3, with an average size of 6,500 Sq Ft. each. All zoning includes (Q) conditions that are relatively relaxed / reasonable. Accommodating the (Q) conditions should be a simple task for any experienced developer. Several single lots in the neighborhood are currently being redeveloped under the same requirements. Besides the considerations provided under "Density Bonus", the subject lots all fall under the Transit Oriented Community - TIER 3 category, expanding a developers options for incentives. All lots face South Sherbourne Drive (between Pico Blvd. & Cashio St.) and currently house small Spanish style multifamily buildings. The topography is flat across all lots, making this desirable bundle of lots very easy to build on.