West Adams ED1 Development Site 3812 W Adams Blvd
Los Angeles, CA 90018
For Sale
15,359 sqft
Sale Price
$3,900,000
Property Website
Map
Land For Sale
Get in touch
Adam Peterson
Lic: 1815802
The offering consists of an entitled 106-unit (85 + 21 ADUs) ED1 project of
income-restricted housing on a ±15,359 (±.353 ac) lot. The seller will deliver
the project RTI (ready to issue) permits upon the close of escrow. Zoned LAR3-
1-O, the project was granted six incentives/waivers including no maximum
density, increased height, and decreased setbacks/open space as a result of
the project’s ED1 status. The project contemplates no subterranean parking, is 6
stories in height and offers a unit mix of 100% 1-bedrooms. Seventeen at-grade
parking spaces will be available to tenants along with 72 bicycle spaces and a
roof deck lounge.
income-restricted housing on a ±15,359 (±.353 ac) lot. The seller will deliver
the project RTI (ready to issue) permits upon the close of escrow. Zoned LAR3-
1-O, the project was granted six incentives/waivers including no maximum
density, increased height, and decreased setbacks/open space as a result of
the project’s ED1 status. The project contemplates no subterranean parking, is 6
stories in height and offers a unit mix of 100% 1-bedrooms. Seventeen at-grade
parking spaces will be available to tenants along with 72 bicycle spaces and a
roof deck lounge.
West Adams, driven by its vibrant cultural landscape and strategic positioning
between Downtown LA and Culver City’s tech hub, is experiencing a rapid influx
of multifamily development. This blend of irreplaceable historic architecture
and brand-new residential projects makes West Adams a high-growth market,
promising strong rental income and significant long-term appreciation.
between Downtown LA and Culver City’s tech hub, is experiencing a rapid influx
of multifamily development. This blend of irreplaceable historic architecture
and brand-new residential projects makes West Adams a high-growth market,
promising strong rental income and significant long-term appreciation.
Total Space Available
15,359 sqft
Sale Price
$3,900,000
Get in touch
Adam Peterson
Lic: 1815802