- For Sale $1,895,000
- Property Type VacantLand
- Property Size 9,178 SF
- Lot Size 1.5 Acre
- Additional Rent Contact for pricing
- Date Updated Sep 24, 2024
Price reduced! We are pleased to present
a 100% vacant land development
opportunity located in the heart of West
Adams!
Totaling ±9,178 SF of LARD1.5 Tier 3
TOC land, a new owner has the ability
to capitalize on various exit strategies
that include the following:
• Current RTI plans for a market rate
10-unit + 2 ADU multi-family forrent building.
• 100% affordable housing up to
50 units (feasibility study available
on request)
• Subdivision for 6-7 homes
• Multiple duplex style build yielding
6-10 large units
Located just steps away from the
trendy Jefferson Blvd corridor that
includes numerous amenities such
as Highly Likely (local café) and the
soon-to-be Maydan Market (food hall)
that includes Michelin Star connected
restaurant Compass Rose. Being just
0.1 miles away, a 3-minute walk, from
the Farmdale Metro Rail Line station,
tenants have the ability to easily access
Santa Monica, Culver City, USC, LAX,
and Downtown LA.
Ownership has plans in place for a market
rate 10-unit + 2 ADU development that
can be included in a sale. As a 100%
affordable ED1 development, there’s
potential for up to 50 units with no
parking requirements and an affordable
stick on grade type construction.
With its Opportunity Zone location,
the proper ty is well positioned
for a developer seeking a well-located property with high rental
demands that is nearby significant
employment opportunities.
Buyer shall complete their own due
diligence to determine the development
potential. Please contact Casey Lins at
714-333-6768 or [email protected]
for additional information.
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
-
Walk Score ®
81/100 Very Walkable -
Transit Score ®
61/100 Good Transit -
Bike Score ®
75/100 Very Bikeable
- City Los Angeles, CA
- Neighborhood West Adams
- Zip Code 90016
- Market Los Angeles
Points of Interest
-
Farmdale
0.10 miles
-
Martin Luther King Jr.
1.12 miles
-
Leimert Park
1.54 miles
-
Expo/Western
2.11 miles
-
Hyde Park
2.62 miles
-
Expo/Vermont
3.07 miles
-
Wilshire/Western Station
3.31 miles
-
Wilshire/Western
3.31 miles
-
Farmer's Market
3.43 miles
-
Palms
3.43 miles
-
Chevron
0.54 miles
-
Shell
0.56 miles
-
Arco
0.57 miles
-
76
0.61 miles
-
Valero
0.69 miles
-
Thrifty
0.75 miles
-
Mobil
0.79 miles
-
FLO
2.60 miles
-
Electric Vehicle Charging Station
3.25 miles
-
Culver City Supercharger
3.69 miles
-
Metro Parking
0.56 miles
-
Metro Park and Ride
1.55 miles
-
Washington And Fairfax Park And Ride
1.58 miles
-
P
1.72 miles
-
Staff Parking
1.84 miles
-
Numero Uno Market Parking
2.13 miles
-
Lot A
2.65 miles
-
Lot 1
2.66 miles
-
Ince Parking Garage
2.75 miles
-
Culver Steps Parking Garage
2.80 miles
-
Lulz
0.50 miles
-
Baldwin Hills Motor Inn
0.54 miles
-
LA Modern Hostel
0.87 miles
-
GEM
1.12 miles
-
Starlight Inn
1.19 miles
-
Royal Hawaiian Motel
1.40 miles
-
Sea Way Motel
1.86 miles
-
King's Lodge
2.15 miles
-
Friendship Motor Inn
2.18 miles
-
Best Motel
2.25 miles
-
Domino's
0.54 miles
-
Popeyes
0.57 miles
-
Burger King
0.58 miles
-
Collins Fish Market
0.59 miles
-
Taqueria Los Anaya
0.59 miles
-
Jack in the Box
0.61 miles
-
Del Taco
0.63 miles
-
McDonald's
0.64 miles
-
Subway
0.66 miles
-
Panda Express
0.66 miles
-
Susan Miller Dorsey Senior High School
0.17 miles
-
Virginia Elementary School
0.39 miles
-
Coliseum Street Elementary School
0.47 miles
-
Saint Agatha School
0.65 miles
-
Cienega Elementary School
0.74 miles
-
Hillcrest Drive Elementary School
0.75 miles
-
Marlton Avenue School
1.10 miles
-
Saint Bernadette School
1.13 miles
-
Sixth Avenue Elementary School
1.18 miles
-
Baldwin Hills Elementary School
1.18 miles
-
Jim Gilliam Child Care Center
0.98 miles
-
Play Mountain Place
1.88 miles
-
Valentina's Preschool
1.97 miles
-
A Child's Place
2.11 miles
-
Vernon Adult Day Program
2.16 miles
-
CCDC of Little Angels Schools
2.21 miles
-
Village Tree Preschool
2.66 miles
-
Green Beginning Preschool
2.70 miles
-
Gan Yaffa
2.78 miles
-
Happyland Preschool
2.87 miles
Frequently Asked Questions
The space currently listed for sale at 3434 Chesapeake Ave asks for $1,895,000.
3434 Chesapeake Ave totals 9,178 square feet.
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