3329 Whittier blvd - Commercial LAND FOR SALE


Los Angeles, CA 90023- Boyle Heights350,048,160 SF
$1,175,000 USD
818-577-8904
3329 Whittier blvd, Los Angeles, CA for Sale
$1,175,000 USD
Commercial LAND - FOR SALE
1/2
350,048,160 SF

3329 Whittier blvd
Los Angeles, CA 90023
Boyle Heights


HIGHLIGHTS

  • The vacant lot spans 8,036 square feet, zoned C1.5-1-CUGU, and located within a Tier 3 TOC designation.
  • Unit mix of 28 one-bedroom apartments, 4 two-bedroom apartments, and 4 one-bedroom units are designated as deed-restricted for extremely low-income
  • Benefiting from Los Angeles’ affordable housing incentives, Section 8 rental potential, and no parking requirements under AB 2097.
  • Priced at just $36,719 per buildable unit and $146 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

OVERVIEW

MDGLA | McDermott Group of Marcus & Millichap is pleased to present a rare development opportunity at 3329 Whittier Blvd in Boyle Heights, just west of Lorena St. This 8,036 SF vacant lot is zoned C1.5-1-CUGU in a Tier 3 TOC and comes RTI for a 32-unit project. The approved plans feature 28 one-bedroom and four two-bedroom units, including four deed-restricted extremely low-income units. With no tenant relocation required, this project provides investors with the chance to capitalize on Los Angeles’ affordable housing incentives, including Section 8 rental potential and no parking requirements under AB 2097. Priced at just $36,719 per buildable unit and $146 per SF, the property is an attractive option in a high-demand rental 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.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/ACRE

$146/AC

PRICE/SF

$0.0034 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

8036 AC

LAND SF

350,048,160 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Lonnie McDermottMarcus & MillichapMore Info
818-577-8904

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Lonnie McDermottMarcus & MillichapMore Info
818-577-8904

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.