Cleared Residential Development
10713 10713-25 Palms Boulevard, Los Angeles, CA 90034
For Sale
$4,195,000
Pending
Vacant, cleared 12,873 sf site zoned R3-1 in the Palms area of West Los Angeles.
Property SizeContact for details
Days on Market210
Property Features for 10713 10713-25 Palms Boulevard
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Listing Agency:
Miller & Desatnik Realty Co.
Listed By:
Gary Fox · License #01187022
(310) 202-9166
Source:
Kaleorealestate
Added: Apr 13
Changed: Oct 25
Last Checked: Nov 6 at 8:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Miller & Desatnik Realty Co.
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Investment Insights
Based on property information with market context.
The property is a cleared, vacant development site totaling 12,873 square feet at 10713–10725 W. Palms Boulevard in the Palms neighborhood of West Los Angeles. The site has been prepared following the demolition of prior residential improvements, providing a clean starting point for new development. A prior approval exists for a 28-unit TOC project.
The site is zoned R3-1 within the Palms Mar-Vista Del Rey Community Plan and located in the Exposition Corridor Transit Neighborhood Plan. Based on the current regulatory framework described for this site, multiple incentive paths are available, including State Density Bonus Law (SDBL), Transit Oriented Communities (TOC Tier 3), and the City’s Mixed Income Incentive Program (MIIP) under the Citywide Housing Incentive Program (CHIP). The reported development scenarios range from approximately 36 to 78 total units, including ADUs, depending on the selected entitlement approach. These programs are also described as allowing increased floor area, additional building height, flexible development standards, and no minimum parking requirements.
Overall, the asset is positioned as a high-density multifamily development opportunity with several viable entitlement strategies for maximizing unit count and site improvements.
The site is zoned R3-1 within the Palms Mar-Vista Del Rey Community Plan and located in the Exposition Corridor Transit Neighborhood Plan. Based on the current regulatory framework described for this site, multiple incentive paths are available, including State Density Bonus Law (SDBL), Transit Oriented Communities (TOC Tier 3), and the City’s Mixed Income Incentive Program (MIIP) under the Citywide Housing Incentive Program (CHIP). The reported development scenarios range from approximately 36 to 78 total units, including ADUs, depending on the selected entitlement approach. These programs are also described as allowing increased floor area, additional building height, flexible development standards, and no minimum parking requirements.
Overall, the asset is positioned as a high-density multifamily development opportunity with several viable entitlement strategies for maximizing unit count and site improvements.
Key Highlights
- 12,873 SF vacant, cleared development site at 10713–10725 W. Palms Boulevard in the Palms neighborhood of West Los Angeles.
- Zoned R3‑1 within the Palms Mar‑Vista Del Rey Community Plan and located in the Exposition Corridor Transit Neighborhood Plan.
- Prior approval exists for a 28‑unit TOC project; site cleared after demolition of prior residential improvements.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
4,970
Businesses Nearby
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Business Placement
Demographics for 90034, CA
57,152
Population
29,262
Households
2
Avg Household Size
35
Median Age
64%
College-Educated
92%
High-School Grad
3.1 sq mi
ZIP Area
18,436
Density / Sq Mi
$103,082
Median Household Income
$62,891
Median Earnings
$2,180
Median Rent
$1,395,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant, cleared 12,873 sf site zoned R3-1 in the Palms area of West Los Angeles.
Where is this residential land & home lot located?
The property is located at 10713 10713-25 Palms Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,195,000.
What are key features of this property?
This property features: 12,873 SF vacant, cleared development site at 10713–10725 W. Palms Boulevard in the Palms neighborhood of West Los Angeles.; Zoned R3‑1 within the Palms Mar‑Vista Del Rey Community Plan and located in the Exposition Corridor Transit Neighborhood Plan.; Prior approval exists for a 28‑unit TOC project; site cleared after demolition of prior residential improvements.
