We are proud to present a Development Opportunity at 6839-6843 Baird Ave, Reseda. This combined property offers a total lot size of approximately 27,298 SF and is zoned R2-1-RIO under the MediumResidential General Plan. The site is designated as a Tier 3 TransitOriented Communities (TOC) location, making it attractive for further development. The property currently includes both a duplex and a triplex, with the potential for additional units under AB2334 to achieve R3 zoning. Located in a gentrifying neighborhood near schools, transportation, and major hubs such as Van Nuys Airport and Warner Center, the area offers excellent residential appeal. With a high walkability score and proximity to public transit, this site is an ideal opportunity for developers. The site offers significant development potential as either a 100%Affordable Housing Project or a By-Right Market Rate Development. As a Tier 3 TOC site, a fully affordable project can benefit from density bonuses, reduced parking requirements, and other incentives, allowing for greater unit yield. Alternatively, the property is well-positioned for a market-rate development, leveraging its prime location and zoning to build a multi-family residential project without the need for special approvals.
Property Details
Price:
$4,000,000
MLS #:
24436993
Status:
Active
Baths:
0
Address:
6839 Baird Avenue 2126023012
Type:
Land
Neighborhood:
resreseda
City:
Reseda
Listed Date:
Sep 6, 2024
State:
CA
ZIP:
91335
Lot Size:
27,298 sqft / 0.63 acres (approx)
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- Address6839 Baird Avenue 2126023012 Reseda CA
- AreaRES – Reseda
- CityReseda
- CountyLos Angeles
- Zip Code91335
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Courtesy of Keller Williams Beverly Hills. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
6839 Baird Avenue 2126023012
Reseda, CA
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