1851 S Barrington Avenue, Los Angeles, California, United States, 90025

1,450,000
for Sale
6,494

About the property:

We are pleased to present a 6,492 SF development site located at 1851 S Barrington Ave in Los Angeles, California. The single lot is located in a prime West Los Angeles location, south of Santa Monica Boulevard and west of Sawtelle Boulevard. Positioned in prime West Los Angeles, this prime offering consists of a 6,492-square-foot LARD1.5-zoned lot with a five-unit bungalow-style property comprising of four (4) studio units and one (1) one-bedroom unit. The site offers a compelling ED1 redevelopment opportunity, supported by Seller-provided plans for 23 units that may potentially be reconfigured to accommodate up to 35-40 units of 100% affordable housing. The property benefits from convenient access to Santa Monica, Olympic, and Sawtelle boulevards, as well as the 405 and 10 freeways. Nearby amenities include Stoner Park, the Expo/Bundy Metro E Line station, and Sawtelle Japantown's vibrant collection of restaurants and shops, along with numerous retailers, fitness centers, cafes, and entertainment destinations. Overall, the property presents a compelling redevelopment opportunity with the possibility to reconfigure designs to build up to 35-40 units via ED1 in a prime West Los Angeles location, all while generating existing income as entitlements are being finalized.
Property Type:
Land
Status:
for Sale
Acres:
0.1491
Directions:
South of Santa Monica Boulevard and west of Sawtelle Boulevard
Association Fee:
0
Is Bar:
Yes
Is Bed:
Yes
Is Cafe:
Yes
Is Entertainment:
Yes
Is Fitness:
Yes
Is Land:
Yes
Is Retail:
Yes
Is Unit:
Yes
Listing ID:
26991967

Rooms

Dimensions

Brokered by:
Marcus & Millichap
Presented By: