6321 11th Avenue, Los Angeles

$1,299,999

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2

Beds

2

Baths

2,419

Square feet

0.26

Acres

About 6321 11th Avenue

6321 11th Ave is a fully Vacant Triplex zoned LAR3, 11,363 square feet lot TOC Tier 3 in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, and apartment buildings nearby. Plans, survey and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs), 5 story 77 unit building or up to a 7 story 107 unit building(buyer to verify all with architect).There are several properties close by that are in plan check for an 100% Affordable ED-1 project and this area is rapidly growing. Very rare to find a fully vacant lot with this lot size close to LAX, walking distance to the train station, Inglewood and the stadium. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and redevelopment project. There is also an option to do a market rate project, 10 Townhomes plus two ADUS (4 duplexes) or add adus and remodel the existing units. The existing structure consists of (3) 2 bedroom 1 bath units. The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum , and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming. There are two sold comps with the same lot size that sold for $1.5 million, one of which is listed currently for $2 million after submitting for vesting!

Features of 6321 11th Avenue

MLS® # 24413803
Price $1,299,999
Bedrooms 2
Bathrooms 2.00
Square Footage 2,419
Acres 0.26
Type Residential Income
Status Active

Community Information

Address 6321 11th Avenue
Area PHHT - Park Hills Heights
City Los Angeles
County Los Angeles
Zip Code 90043

Amenities

Parking Spaces 5
Parking Carport
Garages Carport
View None
Is Waterfront No
Has Pool No

Interior

Heating None
Cooling Central Air
Has Basement No
Fireplace No
# of Stories 1
Stories One

Additional Information

Date Listed July 10th, 2024
Days on Market 13
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentDaniel Lalezari
OfficeKeller Williams Hollywood Hills

Listing Map

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