Listed By Kidder Mathews of California, Inc., Casey Lins
2938 S ORANGE DR Los Angeles, CA 90016
$2,495,000
4
Bedrooms
3
Total Baths
—
Full Baths
2,173
Square Feet
0.14
Acres
1930
Year Built
Active
Status
MLS#
24-355364
We are proud to present a 12,000 square foot R3-1 Tier 3 TOC Opportunity Zone development site (2938 & 2942 S Orange Dr) located adjacent to a larger 39,902 square foot C1.5-1/R3-1 parcel that is also available for sale. In total, there is 51,902 SF of C1.5-1/ R3-1 zoned land available for sale in a contiguous assemblage in one of the hottest real estate markets in Los Angeles, West Adams. Located along the Northwest corner of Jefferson Blvd and La Brea Ave, the property is approximately 500ft away from the Exposition/La Brea Ave Metro Rail Line that provides easy access to Santa Monica, DTLA, Crenshaw, and LAX! With its proximity to public transportation, the site is zoned for Tier 3 TOC, providing developers a 70% density bonus and additional incentives for a new construction multi-family development. If you are unfamiliar with the West Adams neighborhood, nearby developments and tenants include the 1,200-unit Cumulus Development, the Apple Campus, Nike, Amazon Studios, Sony, and the +/-500,000 SF Ivy Station development. There continues to be strong development and leasing activity throughout the community with numerous sites in planning or development. If you're seeking a trendy up-and-coming neighborhood with ease of access to transportation, this is it.
Details for 2938 S ORANGE DR
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Listing Office Kidder Mathews of California, Inc., 858-369-3010
MLS# 24-355364
Updated 4:00PM - 4/23/2024
Listing Agent Casey Lins, 714-333-6768
The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Area Information for 2938 S ORANGE DR
- Map
- Street View
My Commute for 2938 S ORANGE DR
Find commute times from this listing to your favorite locations.
Data Provided by Google Maps