Approved Corner Lot Multifamily
For Sale
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2966 Kelton Ave, Los Angeles, CA 90064
Approved corner lot project for 18 apartment units across six stories, with alley access and a parking lift for nine spaces.
Property SizeContact for details
Lot Size0.15 Acres
Days on Market122
Property Features for 2966 Kelton Ave
General Information
Standard status
Active
Total Parking Spaces
9
Lot size
0.15 Acres
Property subtype
Land
Additional Details
Multifamily Units
18
Building Details
Stories
6
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Encino
(818) 212-2808
Listed By:
Filip Niculete · License #CA 01905352
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 6:31PM
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 Marcus & Millichap - Encino
Investment Insights
Based on property information with market context.
Located at 2966 Kelton Ave (also known as 10879 National Blvd), this approved multifamily development is planned for a corner lot and includes alley access. The site totals 6,662 square feet and is approved for construction of 18 apartment units across six stories. The proposed unit mix includes studios, one-bedroom, and two-bedroom units, with floors 2 through 5 designed as nearly identical stacked layouts.
Parking is planned with one level of subterranean parking. An automated parking lift system is intended to accommodate 9 parking spaces, with the remainder of parking expected to be handled by street parking in the surrounding residential pocket. The 6th floor is planned to include one 1-bedroom unit and, following a change tied to the new ADU program, the recreation room originally envisioned for that level will be converted into a studio.
The offering is positioned near the Westside Pavilion area, with the new Google Campus described as less than 1 mile away. Per the public remarks, Google has agreed to lease the property for 14 years upon completion.
Parking is planned with one level of subterranean parking. An automated parking lift system is intended to accommodate 9 parking spaces, with the remainder of parking expected to be handled by street parking in the surrounding residential pocket. The 6th floor is planned to include one 1-bedroom unit and, following a change tied to the new ADU program, the recreation room originally envisioned for that level will be converted into a studio.
The offering is positioned near the Westside Pavilion area, with the new Google Campus described as less than 1 mile away. Per the public remarks, Google has agreed to lease the property for 14 years upon completion.
Key Highlights
- Approved RTI development at 2966 Kelton Ave (aka 10879 National Blvd) on a 6,662 SF corner lot in Palms.
- Approved for construction of 18 apartment units across six stories with a mix of studio, 1‑bedroom, and 2‑bedroom units.
- Corner‑lot design includes alley access and one level of subterranean parking to help control construction scope.
Property Analytics
Current Use
Lease Details
18
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,575
Businesses Nearby
Explore this area
Business Placement
Demographics for 90064, CA
27,553
Population
12,897
Households
2.1
Avg Household Size
40
Median Age
71%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
7,447
Density / Sq Mi
$129,703
Median Household Income
$84,766
Median Earnings
$2,710
Median Rent
$1,746,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Approved corner lot project for 18 apartment units across six stories, with alley access and a parking lift for nine spaces.
Where is this apartment building located?
The property is located at 2966 Kelton Ave Los Angeles, CA.
What are key features of this property?
This property features: Approved RTI development at 2966 Kelton Ave (aka 10879 National Blvd) on a 6,662 SF corner lot in Palms.; Approved for construction of 18 apartment units across six stories with a mix of studio, 1‑bedroom, and 2‑bedroom units.; Corner‑lot design includes alley access and one level of subterranean parking to help control construction scope.
