Description
Discover the epitome of breathtaking views. Introducing an exceptional R3, TOC Tier 2 development opportunity nestled within the rapidly burgeoning and sought-after enclave of Victor Heights. Situated just north of Sunset Blvd, Beaudry is a quiet and wide street renowned for its unparalleled views of the downtown skyline that will leave you spellbound. This prime infill location perched near the crest of the hill presents a canvas of possibilities, inviting visionary developers to embrace head-on, cinematic views of DTLA. The existing property is a VACANT SFR which means you don't need to worry about relocations or rent control. Here, a unique opportunity awaits to craft 8 units by right, or up to 15 units using TOC Incentives. The site also offers potential for various developments, including condos, apartments, fourplexes, and other residential configurations. Nestled harmoniously between the vibrant neighborhoods of Chinatown, Angelino Heights, and Dodger Stadium, 940 Beaudry is more than a development canvas; it's an intersection of possibilities and a rare opportunity to invest in a prime R3 view lot. Don't miss this opportunity.
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3BEDS
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0.16ACRES
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2BATHS
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01/2 BATHS
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1,473SQFT
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$916$/SQFT
School Ratings & Info
Description
Discover the epitome of breathtaking views. Introducing an exceptional R3, TOC Tier 2 development opportunity nestled within the rapidly burgeoning and sought-after enclave of Victor Heights. Situated just north of Sunset Blvd, Beaudry is a quiet and wide street renowned for its unparalleled views of the downtown skyline that will leave you spellbound. This prime infill location perched near the crest of the hill presents a canvas of possibilities, inviting visionary developers to embrace head-on, cinematic views of DTLA. The existing property is a VACANT SFR which means you don't need to worry about relocations or rent control. Here, a unique opportunity awaits to craft 8 units by right, or up to 15 units using TOC Incentives. The site also offers potential for various developments, including condos, apartments, fourplexes, and other residential configurations. Nestled harmoniously between the vibrant neighborhoods of Chinatown, Angelino Heights, and Dodger Stadium, 940 Beaudry is more than a development canvas; it's an intersection of possibilities and a rare opportunity to invest in a prime R3 view lot. Don't miss this opportunity.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T23:29:49.547. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.