Palms - Mar Vista (C13) Land for Sale

Palms - Mar Vista (C13) Land for Sale

Welcome to the vibrant and eclectic neighborhoods of Palms and Mar Vista, nestled in the heart of Los Angeles County, California. This dynamic region, known for its rich cultural diversity and community spirit, offers a unique blend of urban convenience and suburban charm. With its close proximity to the bustling downtown area and the serene beaches of Santa Monica, Palms - Mar Vista is an ideal location for those seeking a balanced lifestyle.

The Palms neighborhood is characterized by its tree-lined streets, lively cafes, and artistic vibe, making it a favorite among young professionals and families alike. Meanwhile, Mar Vista boasts a more laid-back atmosphere, with its spacious parks and local farmers' markets, providing residents with a welcoming community feel. Both neighborhoods are well-connected through public transportation, allowing for easy access to the rest of Los Angeles.

For those looking to invest in land, this region offers an exciting opportunity. With a variety of parcels available for sale, you can find the perfect canvas to build your dream home or develop a unique project. The demand for housing in Palms - Mar Vista continues to grow, making this land a valuable asset for future appreciation. Imagine creating a sanctuary that reflects your personal style while being just minutes away from the vibrant energy of LA.

Whether you're looking to settle down or invest, Palms - Mar Vista is a place where dreams take root and communities thrive. Explore the possibilities that await you in this charming corner of Los Angeles!

Newest Palms - Mar Vista (C13) Land for Sale

$4,195,000
26711141 MLS ⋅ Active Status
The property consists of a 12,873 square foot vacant development site located at 10713-10725 W. Palms Boulevard in the Palms neighborhood of West Los Angeles. Zoned R3-1 within the Palms Mar-Vista Del Rey Community Plan and located in the Exposition Corridor Transit Neighborhood Plan, the site is situated in a well-established multifamily submarket with strong demand drivers and convenient access to nearby employment centers, retail corridors, and transit infrastructure. The property is currently cleared following the demolition of prior residential improvements, providing a clean and efficient starting point for new development. Although a prior approval exists for a 28-unit TOC project, the regulatory landscape has evolved significantly, allowing for substantially greater development potential today. The site is eligible for multiple incentive programs, including State Density Bonus Law (SDBL), Transit Oriented Communities (TOC Tier 3), and the City's Mixed Income Incentive Program (MIIP), introduced under the Citywide Housing Incentive Program (CHIP). These programs offer developers the ability to increase allowable unit count, expand floor area, achieve additional building height, and utilize more flexible development standards, creating a range of scalable design and financial outcomes depending on the selected entitlement strategy. Based on the current regulatory framework, the Site supports a range of high-density multifamily development scenarios. Under State Density Bonus Law (AB 1287) with HESMD streamlining, a project could achieve approximately 42 total units (including ADUs). Transit Oriented Communities (Tier 3) would allow for a smaller-scale development of approximately 36 total units. More significantly, MIIP scenarios offer materially greater density, including approximately 62 units under TOIA-2 (50 base units plus 12 ADUs), 67 units under OCIA-1 (54 base units plus 13 ADUs), 72 units under TOIA-2 (58 base units plus 14 ADUs), and up to approximately 78 units under OCIA-1 (63 base units plus 15 ADUs). These programs also allow increased floor area (up to approximately 49,000 square feet with incentives), height up to approximately 67-78 feet depending on the selected program, and flexible development standards, all without minimum parking requirements. Overall, the property presents a compelling opportunity to develop a high-density multifamily project in a core West Los Angeles location, with multiple viable paths to maximize unit count, optimize design, and capitalize on favorable planning policies that support increased residential development.

10713 10713-25 Palms Boulevard, Los Angeles
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.