




Exceptional Mid-Wilshire Development Opportunity to acquire approx. 4,725 SF site in the heart of Mid-Wilshire Beverly Center-Miracle Mile. Located within a TOC Tier area and zoned LAR3/C1, the property offers potential access to density bonuses, parking reductions, and development incentives for multifamily and mixed-use projects. The versatile property features a large open-air ground-floor area and supports a wide range of potential uses, including multifamily residential, mixed-use, live/work, office, retail, and residential-commercial development. Residential projects are generally developed under R3 standards, creating an attractive framework for higher-density development. Ideally situated near the Miracle Mile, the property is just minutes from LACMA, the Academy Museum, Petersen Automotive Museum, La Brea Tar Pits, The Grove, Original Farmers Market, Koreatown, Beverly Hills, Culver City, and the Metro D Line Extension, with convenient access to the 10 Freeway. Surrounded by ongoing redevelopment and investment throughout Mid-Wilshire, this strategically located site offers exceptional long-term growth potential in one of Los Angeles' most desirable urban neighborhoods.
Bedrooms
0
Bathrooms
1
Square Feet
1,860
Lot Size
4,725 sqft
Year Built
1980
Days on Market
73
MLS #
26846279PS
Laundry
See Remarks
Heating
Central
Attached Garage
Yes
Parking Features
Controlled Entrance, Driveway Down Slope From Street, Private, Pull Through, Workshop In Garage
Security
Gated Community, Twenty Four Hour Security
Direction Faced
West
Lot Features
Value In Land
Sewer
Other
Water Source
Public
Gated
$0
| Rating | School Name |
|---|---|
N/A | Rejoyce In Jesus Christian School Private School |
N/A | Taylor Tot Playhouse Private School |
N/A | Holy Spirit Elementary School Private School |
N/A | Yeshiva Gedolah Of Los Angeles Private School |
7 | Saturn Street Elementary Elementary School |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Based on price, location, and features
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