
Description
The West Adams Assemblage is an extremely rare and unique opportunity to develop a multifamily asset within a Tier 3 Transit Priority Area in the City of Los Angeles. The offering includes parcels 5049-032-064, 5049-032-063, 5049-032-062, and 5049-032-061, all delivered vacant for a total of 8,389 square feet of LAR3 land. The entire site allows for up to 10 units by-right. Additionally, the City's Transit Oriented Communities Affordable Housing Incentive Program provides a 70% density bonus allowing up to 19 buildable units.
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2BEDS
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0.05ACRES
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1BATHS
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01/2 BATHS
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924SQFT
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$969$/SQFT
School Ratings & Info
Description
The West Adams Assemblage is an extremely rare and unique opportunity to develop a multifamily asset within a Tier 3 Transit Priority Area in the City of Los Angeles. The offering includes parcels 5049-032-064, 5049-032-063, 5049-032-062, and 5049-032-061, all delivered vacant for a total of 8,389 square feet of LAR3 land. The entire site allows for up to 10 units by-right. Additionally, the City's Transit Oriented Communities Affordable Housing Incentive Program provides a 70% density bonus allowing up to 19 buildable units.
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