Development opportunity.... Single family residential land. Scenario 1: The CMX-2 property can be developed as (1) residential unit atop of ground floor commercial space. 80% coverage gets a building footprint of 16x33. The other properties are zoned for single family so they can support a similar 31-32’ deep structure, used as single family.
Scenario 2: If these are all one lot, then there is a split zoning scenario, whereas the most restrictive district (CMX-2 or RSA-5) controls the entire lot. So because RSA-5 would comprise at least 10% of the total lot area, the entire parcel defaults to RSA-5, single family. If you planned to do anything but single family, then you’d have to get a zoning variance. Assuming you do an RM-1 style unit calculation, then you’d be looking at a total of 9 residential units. The shallow depth of these lots would present an unconventional layout for a singular building, but again anything is possible.
Scenario 3: A final option would be to combine these into larger single family lots, in which case each new lot would need to be at least 16’ wide, and 960 s.f. minimum. So perhaps doing double wide lots with homes on them might make sense. Please consult your zoning attorning for further details.
The income description goes here to explain
List Price | $525,000 |
Property Type | Single Family Homes |
Usable Sqft | 4,116 |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1920 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 882005550 |
MLS # | PAPH2385592 |
Property ID | 320753401 |
Lot Sqft | 4,116 |
Zoning | RSA5 |
Days on Market | 152 |
Original List Price | Unknown |
Date Updated | January 07, 2025 |
Date Created | August 11, 2024 |
Luis Luciano an agent of . Lic #RS327269
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT