930 S Mansfield Ave - Residential LAND FOR SALE


Los Angeles, CA 90036- Miracle Mile8,333 SF
$2,800,000 USD
213-468-0921
930 S Mansfield Ave, Los Angeles, CA for Sale
$2,800,000 USD
Residential LAND - FOR SALE
1/10
8,333 SF

930 S Mansfield Ave
Los Angeles, CA 90036
Miracle Mile


HIGHLIGHTS

  • RTI PLANS IN PLACE - 19-unit fully approved RTI plans for a four-story, 24,122 square foot apartment complex
  • PLANS WITH GREAT UNIT MIX - all units are 2 Bed / 2 Bath, average square footage of 766
  • DEMO COMPLETED - Ready for Construction
  • FANTASTIC LOCATION - Minutes away from LACMA, Petersen Automotive Museum, El Rey Theater
  • RESIDENTIAL FEEL - Quiet residential feel while being minutes away from the action
  • TOC ZONE - R3-1 zoning located in a Tier 3 Transit Oriented Community (TOC) Zone

OVERVIEW

19-unit fully approved RTI plans for a four-story, 24,122 square foot apartment complex in one of the most desirable and sought-after communities in Los Angeles. Centrally located in Miracle Mile, a vibrant community full of culture and a wealth of walkable retail offerings. Residents can travel around town through myriad transportation options, such as the Union Station Commuter Rail, Interstate 10, Hollywood Freeway, and State Route 2, located less than 4 miles away. Photo is a rendering of the building. This project is currently a vacant lot, recently demolished to remove all existing structures and improvements. The lot is zoned R3-1 and is located in a TOC Tier 3 area. This allows for up to 19 units with 2 affordable units. Each unit is 2 bedrooms and 2 bathrooms and have an average square footage of 766. In addition, the proposed multifamily project features parking accommodations on the ground level as well as subterranean, ensuring ample parking for residents and visitors. The roof deck will provide an open space for unwinding while the recreation room will serve as entertainment. Trees, landscaping, and open space will allow time for relaxation. The complex offers a quiet, residential feel while being minutes away from the Los Angeles County Museum of Art (LACMA), Petersen Automotive Museum, Academy Museum of Motion Pictures, the El Rey Theater, and more. Developments near the project continues with major renovations at LACMA, plans for a 21-story apartment tower, and entitlements for an eight-story mixed-use building.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/ACRE

$14,640,259/AC

PRICE/SF

$336 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

19 units - Approved RTI Plans

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.19 AC

LAND SF

8,331 SF

OFFSITE IMPROVEMENTS

Water, Electricity, Gas

ZONING

LAR3

APN/PARCEL ID

5084-006-006

ASK ABOUT THIS PROPERTY

John SolisNELA GroupMore Info
213-468-0921

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John SolisNELA GroupMore Info
213-468-0921

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