2621 S Garth Avenue, Los Angeles CA, 90034
(Active)
$1,799,000
|
|
MLS# 24345089
Last Updated: 4/27/2024 4:08 PM
Description for
2621 S Garth Avenue
Los Angeles, CA 90034
We are proud to exclusively present for sale a redevelopment opportunity a stone's throw to Culver City. This 7,320 SF (Q)R3-1 lot is ED 1 Eligible and sits in a Tier 2 of HACLA Small Area Fair Market Rents area. The site is eligible for unlimited density for affordable housing developments and is eligible for reduced parking per AB 2097 Tier 2 of HACLA Small Area Fair Market Rents. This site is also located in a Tier 2 TOC zone. Located on a street with easy cross-freeway access, head southwest and be at the Expo Line Station in no time, or head north and be at Kaiser Permanente in a handful of minutes. This location has it all, with Good Transit, Very Walkable and Very Bikeable streets. Walk to fine and casual dining, nightlife, shopping head to Downtown Culver City or jump on the Expo Line and head to the Transit Hub in Downtown LA or the Beach! Access to the 10 freeway is as easy as it gets! This site is perfect for Affordable Housing. Central to all, and in the middle of many high-paying skilled and entry level jobs. The property currently has a Duplex (per LAHD and CofOs, though Zimas states 3 Units). Delivered vacant at close of Escrow.
Price
$1,799,000
Los Angeles
24345089
Active
Description
We are proud to exclusively present for sale a redevelopment opportunity a stone's throw to Culver City. This 7,320 SF (Q)R3-1 lot is ED 1 Eligible and sits in a Tier 2 of HACLA Small Area Fair Market Rents area. The site is eligible for unlimited density for affordable housing developments and is eligible for reduced parking per AB 2097 Tier 2 of HACLA Small Area Fair Market Rents. This site is also located in a Tier 2 TOC zone. Located on a street with easy cross-freeway access, head southwest and be at the Expo Line Station in no time, or head north and be at Kaiser Permanente in a handful of minutes. This location has it all, with Good Transit, Very Walkable and Very Bikeable streets. Walk to fine and casual dining, nightlife, shopping head to Downtown Culver City or jump on the Expo Line and head to the Transit Hub in Downtown LA or the Beach! Access to the 10 freeway is as easy as it gets! This site is perfect for Affordable Housing. Central to all, and in the middle of many high-paying skilled and entry level jobs. The property currently has a Duplex (per LAHD and CofOs, though Zimas states 3 Units). Delivered vacant at close of Escrow.
Listing Information
| Property Type: Land, Other | ||
| 0.17 Acres | Assessor | |
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
City
50x143
(Q)R3-1 Tier 2
Driving Directions
By the La Cienega Blvd. 10 Freeway Offramp
Financial Considerations
| 5065009016 |
Listing Price History
Los Angeles Real Estate
Los Angeles is located in California. Los Angeles, California 90034 has a population of 3,956,168.
The median household income in Los Angeles, California 90034 is $82,871. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90034 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 1/8/2024 | Active | $1,799,000 USD 111.27% |
|
| 12/7/2023 | Sold | $851,500 USD | public records |
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $12,503 USD | 4.79% | $1,004,828 USD | 2.00% |
| 2022 | $11,932 USD | 1.26% | $985,127 USD | 2.00% |
| 2021 | $11,783 USD | -1.00% | $965,812 USD | - |
| 2020 | $11,902 USD | 4.08% | $965,812 USD | 1.04% |
| 2019 | $11,435 USD | 1.37% | $955,910 USD | 2.00% |