ActiveLand · sale

4153 Whittier Boulevard

Los Angeles, CA 90023

$1,600,000

  • 0.34 acres

Listed by Keller Williams Beverly Hills · MLS #26715917

A FEW THINGS TO NOTICE

What stands out.

Property size

0.34 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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We are proud to exclusively present 4153 Whittier Blvd, Los Angeles, California rare shovel-ready multifamily development opportunity in a strong infill East Los Angeles location. The property consists of an approximately 15,000 SF lot (0.344 acres) and is approved for a 51-unit, 3-story apartment development totaling approximately 29,130 gross building square feet. With the existing improvements already demolished and substantial predevelopment work completed, the site offers a meaningful advantage for a developer seeking to move efficiently into the next phase of construction. The approved project is situated on approximately 0.3444 net acres and includes a unit mix of 4 studios, 42 one-bedroom units, and 5 two-bedroom units within a 3-story building. The plans provide for 17 affordable units across multiple affordability levels, including units at 30%, 50%, 80%, and 120% AMI, while the balance of the project consists of 34 market-rate apartments. The approval also includes a density bonus structure that supports the 51-unit design, along with a waiver for a reduced front yard setback. Additional project highlights include no parking, 26 long-term bicycle spaces, 6 short-term bicycle spaces, a proposed height of approximately 41 feet, and County clearances from Public Health, Fire, and Public Works Land Development. This is an excellent opportunity for a developer to acquire a site where demolition has already been completed and substantial entitlement and permit work has already been secured, significantly reducing lead time and entitlement risk. Positioned just 0.03 miles from public transportation, 4153 Whittier Blvd offers the attributes today's urban multifamily developers seek: scale, transit accessibility, completed demolition, and meaningful entitlement progress. With site work already advanced and core development parameters established, this is an opportunity to acquire a Los Angeles infill project with reduced lead time, lower entitlement risk, and a clear path toward construction.

THE NEIGHBORHOOD

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4153 Whittier Boulevard, Los Angeles, CA 90023

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THE DETAILS

The details, all in one place.

Property type
Land
Category
Land
Full baths
0
Half baths
0
Zoning
C-3 (General Commercial)
Parcel
5236005038

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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4153 Whittier Boulevard, Los Angeles, CA 90023 · MLS #26715917

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Listing information

MLS #26715917 · California Regional MLS

Listing brokerage: Keller Williams Beverly Hills
Listing agent: Jordan Petito

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.