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Multi-Family

836 W 42nd Pl

836 W 42nd Pl, Los Angeles, CA 90037

Listing Price: $2,250,000

Lot Size
0.33 acres
Price/Acre
$6,920,144
Land Type
Redevelopment

Investment Overview

A high profile apartment development opportunity in Los Angeles, CA. The project presents the opportunity to build up to 31 units+ One ADU utilizing LA City's new Transit Oriented Communities Affordable Housing Incentive Program. The Program offers several development incentives, including a 70% Density Bonus, and an increase in FAR and height. The property is excellently located near a myriad of educational institutions, retail, transit, and job opportunities due to its location just south of USC & Downtown LA with easy access to the 10, 110 & 105 Freeways. 42nd Pl is surrounded by amenity rich locations including Downtown Los Angeles, the USC Campus, the LAMemorial Coliseum and South LA all within 4 miles. Hundreds of units and hundreds of thousands of square feet of commercial space are in construction or proposed within the immediate 5 miles of the subject property including the The Fig, which once completed will bring 330 apartments and more than 60,000 SF of retail to the area surrounding the Banc of America Stadium.

Investment Highlights

  • EXCELLENT SOUTH LA RTI DEVELOPMENT OPPORTUNITY
  • PRIME SOUTH FIGUEROA CORRIDOR LOCATION
  • HIGH PROFILE IMMEDIATE DEMOGRAPHICS
  • LOCATED IN PRIME SOUTH FIGUEROA CORRIDOR, JUST ONE MILE SOUTH OF USC
  • SITE WILL BE DELIVERED FULLY VACANT, NO BUYOUTS REQUIRED

Exclusively Listed By

Financing By

Listing Price: $2,250,000

Lot Size
0.33 acres
Price/Acre
$6,920,144
Land Type
Redevelopment

Investment Highlights

  • EXCELLENT SOUTH LA RTI DEVELOPMENT OPPORTUNITY
  • PRIME SOUTH FIGUEROA CORRIDOR LOCATION
  • HIGH PROFILE IMMEDIATE DEMOGRAPHICS
  • LOCATED IN PRIME SOUTH FIGUEROA CORRIDOR, JUST ONE MILE SOUTH OF USC
  • SITE WILL BE DELIVERED FULLY VACANT, NO BUYOUTS REQUIRED

Investment Overview

A high profile apartment development opportunity in Los Angeles, CA. The project presents the opportunity to build up to 31 units+ One ADU utilizing LA City's new Transit Oriented Communities Affordable Housing Incentive Program. The Program offers several development incentives, including a 70% Density Bonus, and an increase in FAR and height. The property is excellently located near a myriad of educational institutions, retail, transit, and job opportunities due to its location just south of USC & Downtown LA with easy access to the 10, 110 & 105 Freeways. 42nd Pl is surrounded by amenity rich locations including Downtown Los Angeles, the USC Campus, the LAMemorial Coliseum and South LA all within 4 miles. Hundreds of units and hundreds of thousands of square feet of commercial space are in construction or proposed within the immediate 5 miles of the subject property including the The Fig, which once completed will bring 330 apartments and more than 60,000 SF of retail to the area surrounding the Banc of America Stadium.

Exclusively Listed By

Financing By

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