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Lot/land
  • $1,900,000

    711 W 84th St, Los Angeles, CA 90044

    --beds
    --baths
    6,198.59Square Feet
    Unimproved Land
    Built in ----
    6,198.59 Square Feet Lot
    $1,894,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Generous height allowance
    Nestled in the heart of one of Los Angeles' most active development corridors, 711 W 84th Street offers an extraordinary opportunity for visionary investors and developers. Currently home to a three-unit property, this lot is deliverable vacant ready to be transformed into a high-impact, high-yield development. With sweeping eligibility under the City of Los Angeles' Tier 2 Transit-Oriented Communities (TOC) guidelines and the Adaptive Housing Incentive Program (AHIP), this site has the potential to host up to 43 affordable housing units. The future here is not just promising, it's powerful. This offering stands out thanks to a unique blend of development advantages. Notably, the site has no parking requirement, significantly reducing construction costs and increasing buildable density. In addition, a generous height allowance of up to 78 feet means developers can envision a mid-rise structure that maximizes both unit count and community impact. Perhaps most compelling is its location within an Opportunity Zone, opening the door for substantial tax incentives and long-term financial gains. Location is Everything. Strategically positioned, 711 W 84th Street boasts convenient access to major freeways, public transportation, and regional employment hubs making it a commuter's dream. Residents will benefit from proximity to schools, parks, shopping centers, and local cultural institutions. This neighborhood is undergoing rapid revitalization, further amplifying the long-term value of this property. The strong rental demand in the area for both affordable and market-rate units underscores the income-generating potential of any development here. In a city grappling with a housing shortage, 711 W 84th Street presents a rare and timely opportunity to be part of the solution while building long-term wealth. Whether you're seeking to break ground on a flagship affordable housing project, capitalize on zoning and incentive programs, or expand your portfolio with a high-performing multifamily asset, this site is an ideal canvas for transformative development. DRIVE BY ONLY AND SUBMIT YOUR OFFER! Email for OM. Currently a triplex
    27 days
    on Zillow
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    30
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    Zillow last checked: 7 hours ago

    Listing updated: April 17, 2025 at 05:09pm

    Listed by:

    Obie Nwabuzor DRE # 02020522 310-200-4649,

    Pacific Playa Realty 310-256-3040

    Source: CLAW,MLS#: 25522579MLS Logo
    Travel times

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,198.59 Square Feet
    Details
    • Parcel number: 6032019025
    • Zoning: LAR3
    • Special conditions: Standard

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Tax assessed value: $77,350
    • Annual tax amount: $1,355
    • Date on market: 4/10/2025
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