Owner may carry First TD- Tax Rolls show lot to be 69,234 square feet (1.59 acre). At $2,200,000 that is $31.78 per square foot! Recently primarily rezoned to RM zoning (Multi-Family Residential) that appears to allow for 30DU/Acre (approximately 47 units) with bonuses for affordable housing. Zoning and Land Use for the center portion of the space is OS – Open Space. There appears to be an easement by the LADWP for this section. Above the easement are power lines. While this portion of the property could not have a structure, we believe it could be used for parking of vehicles.
Site is located directly next to, and directly in front of, Streamland Park. Streamland Park is a large Urban Park with a baseball diamond, horse trails, picnic tables with trees and swings. This Popular park is rated 4.4 stars on Yelp. Across Kruse Road to the south are single family homes.
Site is within 2 drives of Freeway 605, Freeway 60,and Highway 19/164.
Buyer to verify all size, zoning, and land use data. Site is used now as truck storage.