3626 Watseka Avenue, Los Angeles, CA 90034
3626 Watseka Avenue, Los Angeles, CA 90034
3626 Watseka Avenue, Los Angeles, CA 90034
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
$1,895,000
Est. payment /mo
6,535 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL26836289

HOA Y/N No

Lot Size 6,535 Sqft

Acres 0.15

Property Sub-Type Unimproved Land

Property Description

We are pleased to present an SB8 exempt development opportunity located at 3626 Watseka Ave in the Palms neighborhood of Los Angeles. The subject property is zoned for residential use with an existing 1,904 square foot three-bedroom one-bathroom home that is currently vacant, eliminating the need for tenant relocation and allowing for demolition and immediate development planning. The site consists of approximately 6,535 square feet of LAR3-zoned land and benefits from Tier 3 Transit Oriented Communities (TOC) incentives. This zoning designation provides a compelling opportunity for developers to pursue a variety of project types, including market-rate multifamily housing with TOC density bonuses, affordable housing developments, or a multi-duplex configuration. Strategically located directly south of the 10 freeway, Exposition Blvd and the Metro E Line station and three blocks north of Venice Blvd in Palms, the property offers excellent access to public transportation, with multiple nearby bus lines, as well as convenient proximity to the 405 Freeway. The site is ideally positioned within a high-demand rental market, surrounded by some of the West Side's most sought-after neighborhoods, including Culver City, Mar Vista, Venice, Santa Monica, Baldwin Hills, Beverly Wood and more.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 4313017005

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Bridge MLS
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Listed by Casey Lins • Kidder Mathews of California, Inc.

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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