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12747 Mitchell Ave

Los Angeles, CA 90066
  • $2,095,000
  • STATUS: Active
  • ON SITE: 315 Days
  • ID#: 21-682142
UPDATED: 38 min ago
$2,095,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Tremendous development opportunity of 8-units by-right or 13-units with the City of LA Density Bonus Program in the desirable and ever-increasing value neighborhood of Mar Vista. This 5-unit property consists of one 2BR+1BA single-family home and four 1BR+1BA back units which provides great income while obtaining plans and permits for a new build. Zoning is LAR-3-1 to a 15' alley on a 7,100 SF lot, and is perfectly situated between burgeoning LA tech hubs of Silicon Beach and Downtown Culver City, home to the new Apple and Amazon developments and major technology companies such as Google, Facebook, Netflix, Yahoo!, YouTube, Nike, BuzzFeed, Electronic Arts and Sony. With an 85 Walk Score/ 72 Bike Score, Venice Beach and Marina Del Rey are just minutes away along with amazing local area restaurants, gourmet coffee shops, Farmers Market, Abbot Kinney, shopping and transportation nearby. OM provided upon request.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-02T19:43:31.31. 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.lahomedeals.com/homes/113441935
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12747 Mitchell Ave Los Angeles, CA 90066

  • Price: $2,095,000
  • Status: Active
  • On Site: 315 Days
  • Updated: 38 min ago
  • ID#: 21-682142
0
Beds
0
Baths
0
½ Baths
0.16
Acres
Neighborhood:
Palms - Mar Vista
County:
Los Angeles
Area:
Palms - Mar Vista
Property Description
Tremendous development opportunity of 8-units by-right or 13-units with the City of LA Density Bonus Program in the desirable and ever-increasing value neighborhood of Mar Vista. This 5-unit property consists of one 2BR+1BA single-family home and four 1BR+1BA back units which provides great income while obtaining plans and permits for a new build. Zoning is LAR-3-1 to a 15' alley on a 7,100 SF lot, and is perfectly situated between burgeoning LA tech hubs of Silicon Beach and Downtown Culver City, home to the new Apple and Amazon developments and major technology companies such as Google, Facebook, Netflix, Yahoo!, YouTube, Nike, BuzzFeed, Electronic Arts and Sony. With an 85 Walk Score/ 72 Bike Score, Venice Beach and Marina Del Rey are just minutes away along with amazing local area restaurants, gourmet coffee shops, Farmers Market, Abbot Kinney, shopping and transportation nearby. OM provided upon request.
Exterior Features

Cross Streets Wade And Beethoven Lot Description Front YardAlley PavedSidewalksGuttersYardValue In LandSingle LotLot Shape-RectangularLot-Level/FlatBack YardLawn Lot Location Alley AccessFlats Lot Size Area 7099 Topography Flat View Description None View YN No Water Frontage None

Property Features

Cable YN Yes Land Lease Type Fee Potential Usage Build Up To 8-Units By Right Or 13-Units Per The City Of Los Angeles's Density Bonus Program Present Use Income Property As A 5-Unit Muilti-Family Residential Property Public Street YN True Sale Type Standard Sewer In Connected And PaidIn Street Site Description FlatsCity Source Lot Size Area Vendor Enhanced Water DistrictIn StreetMeter On PropertyWater District Zoning Lar3

Listing provided courtesy of Laura Klein DRE#01435968 of Kre + Associates.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-02T19:43:31.31. 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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The Bobnes Group Real Estate | eXp Realty
3512 Magnolia Blvd
Burbank CA, 91505