3050 Edgehill Dr, Los Angeles, CA 90018

Description

First time offered since 1977. 8,006 SF (0.184 AC) infill development site zoned R2-1XL in Jefferson Park, a half-mile (about a 10-minute walk) from the Expo/Crenshaw Metro station where the E and K Lines meet. The lot is paved surface parking and comes clean: no buildings, no tenants, no leases, and no housing on site in the past five years. Not subject to RSO, the Ellis Act, or relocation, and no historic designation. Per the City's ZIMAS report: TOC Tier 3, Mixed Income Incentive Program Transit Oriented Incentive Area (TOIA) T-2, Housing Element site, Transit Priority Area and High Quality Transit Corridor, AB 2097 parking relief, AB 2334 Very Low Vehicle Travel Area, federal Opportunity Zone, and Los Angeles State Enterprise Zone.Regular 50 ft x 160 ft lot with Edgehill Dr frontage and a paved public alley along the south side, well suited to rear-loaded parking. Outside the flood zone and methane zone, with no CPIO, CDO, or HPOZ overlay. All cash to seller, sold as-is. Buyer to verify zoning, density, and all incentives with LA City Planning and LADBS.