51 Units, 3-Story Residential Apartment Development Opportunity

Highlights:

• 51-unit, 3-story residential apartment development
• Approx. 15,000 SF lot (0.3444 acres)
• Unit mix of 4 studios, 42 one-bedrooms, and 5 two-bedrooms
• Approx. 29,130 gross building SF
• Includes 34 market-rate units and 17 affordable units
• Shovel-ready site with existing improvements already demolished
• No required vehicle parking
• 26 long-term and 6 short-term bicycle spaces
• Approx. 5,266 SF of open space, including a 3,000 SF roof deck

Description:

PartnersCRE is proud to exclusively present 4153 Whittier Blvd, Los Angeles, California—a rare shovel-ready multifamily development opportunity in a strong infill East Los Angeles location. The property consists of an approximately 15,000 SF lot (0.344 acres) and is approved for a 51-unit, 3-story apartment development totaling approximately 29,130 gross building square feet. With the existing improvements already demolished and substantial predevelopment work completed, the site offers a meaningful advantage for a developer seeking to move efficiently into the next phase of construction.

The approved project is situated on approximately 0.3444 net acres and includes a unit mix of 4 studios, 42 one-bedroom units, and 5 two-bedroom units within a 3-story building. The plans provide for 17 affordable units across multiple affordability levels, including units at 30%, 50%, 80%, and 120% AMI, while the balance of the project consists of 34 market-rate apartments. The approval also includes a density bonus structure that supports the 51-unit design, along with a waiver for a reduced front yard setback.

Additional project highlights include no parking, 26 long-term bicycle spaces, 6 short-term bicycle spaces, a proposed height of approximately 41 feet, and County clearances from Public Health, Fire, and Public Works Land Development. This is an excellent opportunity for a developer to acquire a site where demolition has already been completed and substantial entitlement and permit work has already been secured, significantly reducing lead time and entitlement risk.
Positioned just 0.03 miles from public transportation, 4153 Whittier Blvd offers the attributes today’s urban multifamily developers seek: scale, transit accessibility, completed demolition, and meaningful entitlement progress. With site work already advanced and core development parameters established, this is an opportunity to acquire a Los Angeles infill project with reduced lead time, lower entitlement risk, and a clear path toward construction.

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