We are pleased to present a 6,492 SF lot development site located at 1851 S Barrington Avenue in Los Angeles, California. The single lot is located in a prime West LA location, south of Santa Monica Boulevard and west of Sawtelle Boulevard. Located in the heart of West Los Angeles,… Read More this prime offering features a 6,492 SF LARD1.5-zoned lot with an existing 5-unit bungalow-style property comprised of four (4) studios and one (1) one-bedroom unit. The site presents an ideal ED1 redevelopment opportunity, with seller-provided designs for 23 units (potential to be reconfigured to 30 units) of 100% affordable housing. The property offers dominant access to Santa Monica, Olympic, and Sawtelle Boulevards, with immediate connectivity to the 405 and 10 freeways. Nearby amenities include Stoner Park, the Expo/Bundy Metro E Line station, and the vibrant Sawtelle Japantown corridor, along with major retailers, fitness, dining, and entertainment options. Overall, the property represents a compelling redevelopment opportunity with the possibility to reconfigure designs to build up to 30 units via ED1 in a prime West Los Angeles location, all while generating existing income as entitlements are being finalized. Read Less
Courtesy of Marcus & Millichap 818-212-2700
Listing Snapshot
Days Online
21
Last Updated
Property Type
Other
Lot Size
0.15 Acres
MLS Number
26637515
30 Days Snapshot Of 90025
$1.72M
+24%
(avg) sold price
7
-50%
homes sold
206
+103%
(avg) days on market
Snapshot
Area Map
Additional Details
Disclosures
As Is
Lot
LotAcreage: 0.1491, LotSizeArea: 6,494
Miscellaneous
None
Property
ViewDescription: City, ViewYN: 1, Zoning: LARD1.5
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