3643-3647 Whittier Blvd/26 Project Based Vouchers

Address: 3643 Whittier Blvd, Los Angeles, CA 90023, USA, Los Angeles, California, US

California & West + Affordable

Created date: October 10, 2023

Date last updated: November 7, 2023

Visit HarcourtsAuctions.com web link for Luxury Live Auction Details. Bidding to Start from $1.6m. Auction to take place online at 12noon on November 16, 2023. Submit offers prior to auction to stop auction.

Property Description

Versitile LAC2 / [Q]C2-1-CUGU Tier 1 Zoning.
2 Separate APNs / 17,337 sqft Total Land Available
Awarded 26 Project Based Vouchers for Lots 3643 & 3647 Whittier Blvd - $580,000 SGI - Single Story Bungalows - Build in 8-14 months / a second round of Vouchers likely after end of year.
3643 Whittier Blvd / APN 5188-008-032 / 8,672 sqft
3647 Whittier Blvd / APN 5188-008-031 / 8,665 soft
City of Los Angeles ED1 entitlement process is 6 months or less. https://planning.lacity.org/project-review/executive-directive-1#procedures
Plans for Project Based Vouchers in OM
Ultra Low Bidding to Start From Price!
Opportunity to acquire 2 high visibility lots with frontage on a main Boyle Heights Boulevard
Central Location to Schools, Freeways, Public Transportation, Retail & Employment. Minutes to Metro Gold Line at Indiana St. with connection to Union Station, Highland Park, Pasadena, and Citrus College
High walk score of 85 in a quickly gentrifying area

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Broker Details

Steve Dempster

Key Property Information

Listing Status:	Available
Listing Type:	Auction
Multifamily type:	Affordable
Price:	$1,600,000
No. of Units:	26
APN:	5188-008-032 / 5188-008-031
Zoning Code:	[Q]C2-1-CUGU
Opportunity Zone:	Yes
Price per unit:	$61,538
Property Website	Click Here