Shovel-Ready Multifamily Development
4153 Whittier Blvd Los Angeles, CA 90023
4153 Whittier Blvd, Los Angeles, CA, 90023
$1,600,000
For Sale
$1,600,000
LAND - Los Angeles, CA
Property Size29,130 SF
Lot Size0.34 Acres
Price / SF$54.93
Days on Market97
Property Features for 4153 Whittier Blvd
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- C-3 (General Commercial)
- Standard status
- Active
- APN
- 5236-005-038
- Lot size
- 0.34 Acres
Listing Agency
Keller Williams Beverly Hills
(310) 432-6400
439 N Canon Dr. Suite 300, Beverly HIlls, CA
Listed by
Jordan Petito · License #02023714
(310) 497-4362
Added: Apr 13 Checked: Jul 18 at 3:06 am
MLS# 26715917
Listing URL
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Investment Insights
Based on property information with market context.
This offering is a shovel-ready multifamily development site in Los Angeles County, presented for sale as land with existing improvements demolished. The property is approved for a 51-unit, three-story apartment development totaling approximately 29,130 gross building square feet. The unit mix includes 4 studios, 42 one-bedroom units, and 5 two-bedroom units. The approved plan also contemplates 17 affordable units across multiple affordability levels, including units at 30%, 50%, 80%, and 120% AMI. Project approvals include a density bonus structure supporting the 51-unit design, along with a waiver for a reduced front yard setback. The plans include no parking, as well as 26 long-term bicycle spaces and 6 short-term bicycle spaces, with a proposed height of approximately 41 feet. County clearances from Public Health, Fire, and Public Works Land Development are referenced in the materials provided.
The parcel is located at 4153 Whittier Blvd in Los Angeles, CA 90023. The site is described as approximately 0.03 miles from public transportation.
For developers seeking to advance into construction efficiently, the stated advantage here is the progress already made on entitlement and permit clearances, plus demolition being completed. With core development parameters established through approval, the site is positioned for a streamlined path to the next phase compared to a ground-up process starting without clearances and demolition work.
The parcel is located at 4153 Whittier Blvd in Los Angeles, CA 90023. The site is described as approximately 0.03 miles from public transportation.
For developers seeking to advance into construction efficiently, the stated advantage here is the progress already made on entitlement and permit clearances, plus demolition being completed. With core development parameters established through approval, the site is positioned for a streamlined path to the next phase compared to a ground-up process starting without clearances and demolition work.
Key Highlights
- Shovel‑ready multifamily development opportunity with approved plans for a 51‑unit apartment building.
- Significant predevelopment work completed, reducing lead time and risk.
- Approved density bonus and reduced front yard setback waiver in place.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Big O and Sons ...
Car Wash
L Fish
Restaurant
big o and sons
Car Wash
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FAQs
What type of property is this?
Residential land & home lot - Approved 51-unit, 3-story multifamily project on a cleared lot with entitlement and clearances already obtained.
Where is this residential land & home lot located?
The property is located at 4153 Whittier Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Shovel‑ready multifamily development opportunity with approved plans for a 51‑unit apartment building.; Significant predevelopment work completed, reducing lead time and risk.; Approved density bonus and reduced front yard setback waiver in place.
