About This Home
This land at 1047 S Corning St in Los Angeles, CA is listed for $2,495,000 (0.11 acres).
Key Features
- 0.11 acre lot
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.
Location
1047 S Corning St
Los Angeles, CA 90035
Questions & Answers
This 0-bedroom, 0-bathroom land at 1047 S Corning St is listed at $2,495,000. The estimated monthly payment is $13,344 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.11 acre lot.
This property is listed by Sally Forster Jones and can be reached at 3105792200.
