N/A
Bedrooms
$2,495,000
FOR SALE1047 S Corning Street
Los Angeles, CA
MLS# 26906761
70 days on marketNalren refreshed
Listing Agent
Marc Sonnenthal
Co-Listing Agent
Compass
DRE #: 01466238
Brokerage: Compass
Property Details
N/A
Bathrooms
N/A
Square Feet
N/A
Year Built
4,862 sqft
Lot Size
N/A
Price/Sq Ft
N/A
Garage Spaces
N/A
HOA
N/A
Property Type
Description
RTI: A vacant, R3 infill development site in Pico-Robertson / Faircrest Heights, minutes from Beverly Hills. On this street, value is the land and density. Offered as-is. The project architect has advanced pre-application plans for a 6-story, 15-16 unit building (12 market-rate + 3 very-low-income) over a subterranean garage, moving the site from 6 units by-right to 1516 via Transit Oriented incentives, a 22-ft height bonus to 67 ft, and zero required parking (AB 2097). That density is the value engine, and the basis for pricing per buildable unit rather than as an occupied home.
Facts & Features
Parking
- Parking Total
- 0
Community / HOA
- HOA
- No
Natural Hazard Information
Earthquake data is shown from a real public source (USGS)
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CRMLS
MLS# 26906761
Listed:
Nalren refreshed:
Last updated
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Listed by: Compass
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Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.