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32759293
32759299

3626 Watseka Avenue, Los Angeles, CA 90034 For Sale

CL
01902650
Kidder Matthews
VC
CA 02012324
Kidder Mathews Los Angeles
Listed by Kidder Matthews, Kidder Mathews Los Angeles
$1,895,000
60 days on market
Updated 60 days ago

3626 Watseka Ave

Details
Property Type Land
Sub Type Residential
Square Footage 6,535
Lot Size (SqFt) 6,535
Zoning LAR3

SB8 Exempt Development Opportunity I 6,535 SF Land I Palms Neighborhood

Marketing 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. Contact the listing broker for additional information.

Listing Contacts

CL
01902650
Kidder Matthews
VC
CA 02012324
Kidder Mathews Los Angeles
Listed by Kidder Matthews, Kidder Mathews Los Angeles

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