Multi-Family
3329 Whittier Blvd
3329 Whittier Blvd, Los Angeles, CA 90023
Listing Price: $699,000
Investment Overview
Marcus & Millichap is pleased to present a rare development opportunity at 3329 Whittier Blvd in Boyle Heights, just west of Lorena St. This 8,026 SF vacant lot is zoned C1.5-1-CUGU in a Tier 3 TOC.
Maximize your development timeline with this exceptional land opportunity. The property is being sold strictly "as-is" regarding its current development approvals and permitting status.
Save months of preliminary design work. The sale includes all existing architectural blueprints, civil engineering, and structural plans currently lodged with the Los Angeles Department of Building
and Safety (LADBS).
The buyer will step into the shoes of the seller to navigate the remaining plan check process. You will assume full responsibility for addressing any outstanding LADBS correction sheets, paying
remaining city fees, and pulling the final building permits such as Final BOE invoice payment for separate meters and finalization of fire hydrant location while obtaining final Fire Department clearance. This is the perfect acquisition for an experienced builder or investor looking to streamline their pipeline in a high-demand Los Angeles market.
Boyle Heights remains a thriving investment market located near schools, major employment centers in the Arts District, Vernon, and Downtown LA, and well-connected by Metro transit options. This site is ideally positioned for renters seeking convenience and accessibility.
3329 Whittier Blvd
Investment Highlights
- The vacant lot spans 8,026 square feet, zoned C1.5-1-CUGU, and located within a Tier 3 TOC designation.
- The property is being sold strictly "as-is" regarding its current development approvals and permitting status.
- Priced at just $21,844 per buildable unit and $87 per square foot, with no tenant relocation required.
- Conveniently located near Lorena Street Elementary and Robert Louis Stevenson Middle School, major employment hubs in the Arts District, Vernon, and Downtown LA, and wellconnected to public transit via Metro L Line and Metro Local Line stops at Lorena & Whittier, making it ideal for car-free commuting.
- Seller makes no warranties regarding the timeline of final LADBS approval. Buyer must verify all zoning, local ordinances, and plan check notes independently. All rights to existing architectural and engineering intellectual property transfer at close.
Listing Price: $699,000
Investment Highlights
- The vacant lot spans 8,026 square feet, zoned C1.5-1-CUGU, and located within a Tier 3 TOC designation.
- The property is being sold strictly "as-is" regarding its current development approvals and permitting status.
- Priced at just $21,844 per buildable unit and $87 per square foot, with no tenant relocation required.
- Conveniently located near Lorena Street Elementary and Robert Louis Stevenson Middle School, major employment hubs in the Arts District, Vernon, and Downtown LA, and wellconnected to public transit via Metro L Line and Metro Local Line stops at Lorena & Whittier, making it ideal for car-free commuting.
- Seller makes no warranties regarding the timeline of final LADBS approval. Buyer must verify all zoning, local ordinances, and plan check notes independently. All rights to existing architectural and engineering intellectual property transfer at close.
Investment Overview
Marcus & Millichap is pleased to present a rare development opportunity at 3329 Whittier Blvd in Boyle Heights, just west of Lorena St. This 8,026 SF vacant lot is zoned C1.5-1-CUGU in a Tier 3 TOC. Maximize your development timeline with this exceptional land opportunity. The property is being sold strictly "as-is" regarding its current development approvals and permitting status. Save months of preliminary design work. The sale includes all existing architectural blueprints, civil engineering, and structural plans currently lodged with the Los Angeles Department of Building and Safety (LADBS). The buyer will step into the shoes of the seller to navigate the remaining plan check process. You will assume full responsibility for addressing any outstanding LADBS correction sheets, paying remaining city fees, and pulling the final building permits such as Final BOE invoice payment for separate meters and finalization of fire hydrant location while obtaining final Fire Department clearance. This is the perfect acquisition for an experienced builder or investor looking to streamline their pipeline in a high-demand Los Angeles market. Boyle Heights remains a thriving investment market located near schools, major employment centers in the Arts District, Vernon, and Downtown LA, and well-connected by Metro transit options. This site is ideally positioned for renters seeking convenience and accessibility.
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