Palms - Mar Vista (C13) Land for Sale

Palms - Mar Vista (C13) Land for Sale

**Discover Your Dream Land in Palms - Mar Vista, Los Angeles**

Nestled in the vibrant heart of Los Angeles, the Palms - Mar Vista neighborhood is a hidden gem that perfectly balances urban convenience with a welcoming community atmosphere. This diverse region is known for its eclectic mix of cultures, thriving local businesses, and easy access to the best of what LA has to offer. With its tree-lined streets and charming architecture, Palms - Mar Vista is a place where creativity flourishes and a sense of belonging thrives.

Imagine owning a piece of land in this dynamic area! Whether you're dreaming of building your custom home, developing a multi-family unit, or investing in a promising piece of property, the land for sale in Palms - Mar Vista presents a unique opportunity. With its prime location, you can enjoy quick access to the bustling Culver City, the scenic beaches of Santa Monica, and the cultural hotspots of Downtown Los Angeles.

The neighborhood is also home to an array of parks, excellent schools, and community events, making it a perfect choice for families and young professionals alike. The nearby Metro line offers seamless transportation options, ensuring that the excitement of city life is always within reach.

Seize the opportunity to invest in land in Palms - Mar Vista, where your vision can come to life amid the vibrant energy of Los Angeles. With its promising future and strong community ties, this is not just a purchase; it’s the beginning of a new chapter in a neighborhood that feels like home. Don’t miss out on your chance to be part of this thriving community!

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.