24,529 SF Lot in Reseda – High-Density or Small Lot/Condo Project
$2,995,000
7131 Baird Avenue, Los Angeles, CA 91335
24,529 sqft
Lot Area
122
Price Per Sqft
Details:
Highlights:
- General Plan Land Use: Community Commercial
- Ideal for small lot subdivision or condo projects with ADUs
- Eligible for SB 684 and SB 1123 incentives
- Bonus density and reduced parking via State Density Bonus Law
- Prime San Fernando Valley location near retail, healthcare, sports, and transit hubs
Description:
PartnersCRE is proud to exclusively represent a premier development opportunity at 7131 Baird Avenue, centrally located in Reseda. This 24,529 SF vacant lot, zoned [Q]R2-2D-CDO and designated under the Community Commercial General Plan, presents an exceptional opportunity for a small lot subdivision or condominium project featuring potential Accessory Dwelling Units (ADUs).
The site is eligible for state housing incentives under SB 684 and SB 1123. SB 684 facilitates ministerial lot splits allowing up to 10 housing units per lot, streamlining the entitlement process, and exempting projects from CEQA review and discretionary approvals. Similarly, SB 1123 supports streamlined processes for condominium projects, encouraging the addition of ADUs by simplifying zoning compliance and reducing procedural timelines.
Additionally, 7131 Baird Avenue is situated within a Transit Oriented Communities (TOC) Tier 1 zone, offering incentives such as increased floor area, bonus density, and reduced parking requirements due to its proximity to transit. With favorable zoning, streamlined entitlement processes, and strategic location near transportation and commercial corridors, this property represents an outstanding infill development opportunity in one of Los Angeles’ actively supported growth areas.
Documents:
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OM_7131_Baird_Ave.pdf
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