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, located in the heart of Los Angeles County, California. This dynamic area is a hidden gem that perfectly blends the charm of suburban living with the energy of urban life. Known for its diverse community and rich cultural tapestry, Palms and Mar Vista offer a unique lifestyle that appeals to families, professionals, and creatives alike.

Nestled just a stone's throw from the bustling streets of Culver City and the scenic beaches of Santa Monica, this region boasts a prime location that is both convenient and desirable. Residents enjoy easy access to a plethora of dining, shopping, and entertainment options, with an array of trendy cafes, artisanal shops, and local markets lining the streets. The area is also home to beautiful parks, including the expansive Mar Vista Recreation Center, which offers sports facilities, playgrounds, and community events.

For those looking to invest in their future, land for sale in Palms - Mar Vista presents an exciting opportunity. With the area's ongoing development and rising property values, purchasing land here is not just a smart investment but a chance to create your dream home in a thriving community. Whether you envision a modern masterpiece, a cozy retreat, or a vibrant multifamily dwelling, the possibilities are endless.

With its perfect blend of accessibility, community spirit, and growth potential, Palms - Mar Vista is the ideal place to plant your roots. Discover the charm of this Los Angeles neighborhood and seize the opportunity to become a part of its bright future!

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.