Potential development opportunity to build up to 78 units, according to the City, based on the Density Bonus Program in Tier 4 of the Master Plan Overlay. The property is zoned R4-2D and located in the Opportunity Zone. Buyer to Verify. Alternatively, add up to six or seven large (1,250 s.f.?), townhouse style ADU's. Buyer to verify. Currently eight fully rented units (four 2/1's and four 1/1's); well located on the southeast corner of Clemson St. and La Cienega Blvd. Some current rents are well below market. Two blocks from the Metro Station offering easy commute access for tenants. Phase I Environmental Report is available for review. PLEASE DO NOT DISTURB OCCUPANTS. Drive by only.

Based on information submitted to CRMLS as of December 5, 2023 11:52 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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