0 Archwood Street
Property Overview
This 1.18 acre flat corner site is walking distance to one of Los Angeles’ largest recreation amenities; Sepulveda Basin. The development of multiple residential product typologies are possible on the site from traditional single family + SB9 to dense forms of deed restricted apartments leveraging state bonus density policy. No tree, tenants, or structures exist on this rare flat corner site. By leveraging density bonus (with or without concurrent subdivision processing), a coveted BTR townhome product typology is feasible. Additionally, an architect versed in affordable housing has conducted a yield study affirming viability of a nearly 1:1 ratio grade-level parked (podium and surface) 132-unit type V apartment building with 132 comfortably sized units. Using the City’s Affordable Housing Incentive Program (AHIP) the project will be ministerially processed using Expanded Administrative Review.
Home Details
- Property type
- Land
- Lot size
- 1.17 acres
- Days on market
- 0
- MLS status
- Active
- Zoning
- R1-1
Features & Amenities
Lot
- Zero To One Unit Acre
- Sixteen To Twenty Units Acre
- Eleven To Fifteen Units Acre
- Two To Five Units Acre
- Twenty One To Twenty Five Units Acre
- Twenty Six To Thirty Units Acre
- Thirty Six To Forty Units Acre
- Thirty One To Thirty Five Units Acre
- Six To Ten Units Acre
- Lot Over40000Sqft
- Level
- Over40Units Acre
- Rectangular Lot
Community, Schools & Utilities
Community
- View
- Hills,Valley
Utilities
- Water
- Public
Location & Neighborhood
Frequently Asked Questions About 0 Archwood Street
Property type: Land
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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