1047 S Corning St

Los Angeles, CA 90035
  • $2,495,000

    Price
  • 0

    Bed
  • 0

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  • 0

    SqFt

About the Listing X81461 - X18193

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.

Listing Highlights

Status Active
Days on Site 23
Property Type Vacant Land
MLS ® 26906761
Year Built
Total Square Footage 0
Lot/Acreage 0.11
County Los Angeles

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
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Exterior Details

  • Garage Capacity: N/A
  • Zoning: LAR3
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Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
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1047 S Corning St Los Angeles, CA 90035

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Clemens Mandell

| Clemens Mandell | Coldwell Banker Realty

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