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Glen Henderson

[email protected] +1(619) 889-7646

$1,050,000

Est. payment - /mo

2 Beds

1 Bath

1,282 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,282 sqft

Price per Sqft $819

MLS Listing ID PW25270935

Bedrooms 2

Full Baths 1

Year Built 1921

Lot Size 7,815 Sqft

Property Sub-Type Detached

Type of Financing Cash

Property Type Detached

Property Description

Development Opportunity RD1.5-1-CPIO | Potential for Increased Density | SB 8 / Density Bonus Potential Rare opportunity to acquire a 7,800 SF development site at 1187 Browning Boulevard in a rapidly evolving pocket of South Los Angeles. Zoned RD1.5-1-CPIO, the property provides a by-right foundation of approximately 5 units, with potential for additional density through State and City housing incentive programs. The property may allow for increased density beyond base zoning through California Density Bonus Law, which can provide opportunities for additional units, reduced parking requirements, and expanded building envelope (including height and FAR), in exchange for affordable housing set-asides. Buyers to verify eligibility and requirements. Projects in similar RD1.5 zones have utilized these programs to increase unit count beyond by-right limits. Additionally, buyers should explore the applicability of Transit Oriented Communities (TOC) incentives and other local housing initiatives, which may provide opportunities for increased density, reduced parking, and more efficient site planning. Height District 1 zoning typically permits approximately 3033 feet, supporting 2-story construction by-right, with potential for modifications to height and massing through applicable incentive programs. Buildable floor area may increase when utilizing such programs, subject to approval. The property falls within a Community Plan Implementation Overlay (CPIO), which introduces additional planning guidelines and development standards. Importantly, the site may be subject to California

Location

State CA

County Los Angeles

Direction Continue on W Martin Luther King Jr Blvd. Drive to Browning Blvd

Interior

Fireplace No

Exterior

View Y/N Yes

Water Access Desc Public

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 5037004023

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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Listed by Donald Peart, DRE#01227387 Donald R. Peart Jr, Broker

Nearby School & Business

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

1187 Browning Los Angeles, CA 90037

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information