5000 Beethoven, Los Angeles, CA 90066
5000 Beethoven, Los Angeles, CA 90066
5000 Beethoven, Los Angeles, CA 90066
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
$80,000,000
Est. payment /mo
3.36 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL26668755

HOA Y/N No

Lot Size 3.361 Acres

Acres 3.36

Property Sub-Type Unimproved Land

Property Description

5000 Beethoven presents a rare opportunity to acquire a large, infill development site in the Palms-Mar Vista-Del Rey sub-market of Los Angeles. The property consists of approximately 146,422 square feet (3.36 acres) of land situated immediately adjacent to the Marina Freeway (SR-90), with direct access via Beethoven St. and a recently improved bridge connection. The site's configuration, freeway adjacency, and separation from low-density residential uses make it particularly well suited for higher intensitydevelopment and specialized uses. The property is currently zoned [T][Q]M2-1 (Light Industrial) and is designated Light-Industrial under the City of Los Angeles General Plan. While residential uses are not permitted by-right, the site benefits from several important planning overlays, including the Los Angeles Coastal Transportation Corridor Specific Plan and Community Transit Access Corridor (CTAC) eligibility. These designations support intensified land uses and have historically facilitated industrial-to-residential conversions, particularly for affordable and mixed-income housing. No minimum density requirement applies. A significant value driver is the seller's representation that the City has previously reviewed and accepted a concept for two levels of subterranean parki

Location

State CA

County Los Angeles

Zoning LAM2

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 4211007034

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Listed by Sam Shakerchi • Compass

NEARBY SCHOOL & BUSINESS

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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