CA > Lynwood
Lynwood, CA 90262,3150 -62 Euclid AVE
Lynwood, CA 90262,3150 -62 Euclid AVE
Lynwood, CA 90262,3150 -62 Euclid AVE
Lynwood, CA 90262,3150 -62 Euclid AVE
Lynwood, CA 90262,3150 -62 Euclid AVE
Lynwood, CA 90262,3150 -62 Euclid AVE
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James Olvera

James Olvera

The Warburton Team

+1(909) 760-9091
$ 3,250,000
Est. payment | /mo

1.5 Acres Lot

Save
$ 3,250,000
Est. payment | /mo
Save

1.5 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25626639

HOA Y/N No

Lot Size 1.503 Acres

Property Description

We are pleased to present a 65,492 SF triple-lot multifamily redevelopment opportunity located at 3150-3162 Euclid Avenue, Lynwood, California. The subject property is located in a solid Lynwood location, west of N Long Beach Boulevard and north of E Rosecrans Avenue. Originally owner-occupied by a non-profit, this redevelopment opportunity will be delivered vacant with no history of leases. Totaling 65,492 SF across three (3) concurrent parcels with multifamily R-3 zoning, a developer can build up to 27 market rate units by-right, or 143 units by-right satisfying Lynwood's affordability requirements. This, in conjunction with the state density bonus under AB 2334, allows for over 250+ units ministerially. The site is located in a Qualified Census Tract(QCT) for 2025 & 2026. Residents will appreciate convenient access to the -105 freeway leading to major employment hubs in Inglewood & El Segundo to the west, and the -710 freeway leading south to Long Beach and north Los Angeles.Situated in a solid Lynwood location, this offering presents a rare opportunity to acquire three (3) concurrent redevelopment sites at once totaling 65,492 SF with ministerial approval available for north of 250+ units.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Zoning LYR3YY

Interior

Fireplace No

Exterior

View Y/N Yes

Building

New Construction No

Others

Senior Community No

Tax ID 6176003032

Special Listing Condition Standard

CRMLS – RECore
Listed by John Boyett CBRE

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