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Listed by Alex Wolf • Compass
$ 1,200,000
Est. payment /mo
Pending
4011 Exposition Boulevard Los Angeles, CA 90016
3 Beds
2 Baths
1,400 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Pending
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $857
MLS Listing ID CRSB22215183
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1926
Lot Size 5,384 Sqft
Property Sub-Type Detached
Source Datashare California Regional
Property Description
BACK ON THE MARKET! // FOR SALE WITH OR WITHOUT NEIGHBORING PROPERTY AT 4007 EXPOSITION (APN 5046-005-029). RARE OVERSIZED DOUBLE-LOT DEVELOPMENT OPPORTUNITY! // for a total of $2.4M // On the border of red-hot West Adams, these two adjacent lots totaling over 10,870 square feet offer a unique opportunity with MASSIVE upside. Primed for development, these lots are zoned LAR3 and are designated Tier-3 under the Transit Oriented Communities (TOC) Incentive Program. They are located within a State Enterprise Zone and a Qualified Opportunity Zone, and qualify for new Assembly Bill 2097 (signed into law last month) making it illegal for the city to require parking based on proximity to major transit stops. Both properties are owner-occupied, so there are no existing rent-stabilized units that would need to be replaced upon redevelopment. This is an incredible opportunity in an incredible location, and it is rare to find adjacent lots available for larger development footprints. // A short six-minute walk from the Expo/Crenshaw Line Station for trains to Santa Monica, Culver City or downtown LA, and the new train line (opening 10/7/22) to Inglewood, SoFi Stadium, and LAX. Centrally located, with easy access to the 10 FWY, and situated between downtown LA, Santa Monica, Hollywood, Ingle
Location
State CA
County Los Angeles
Interior
Cooling None
Fireplaces Type Family Room
Fireplace Yes
Laundry Other
Exterior
Garage Spaces 2.0
Pool None
View Other
Private Pool false
Building
Lot Description Other
Story 1
Water Public
Architectural Style Cottage
Schools
School District Los Angeles Unified
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