Palms - Mar Vista (C13) Land for Sale

Palms - Mar Vista (C13) Land for Sale

Welcome to the vibrant Palms-Mar Vista neighborhood, a hidden gem nestled in the heart of Los Angeles County, California. This dynamic area boasts a unique blend of suburban charm and urban convenience, making it one of the most desirable places to call home in the City of Angels.

Palms-Mar Vista is characterized by its diverse community, with a rich tapestry of cultures and lifestyles. Residents enjoy a delightful mix of trendy cafes, artisanal boutiques, and lush parks, creating an inviting atmosphere for families, professionals, and creatives alike. The region is also known for its excellent schools, making it an ideal location for families looking to settle down.

For those seeking land for sale, the Palms-Mar Vista area presents an exciting opportunity. With its prime location and growing demand, investing in land here can be a strategic move. Whether you're looking to build your dream home or develop a new project, the possibilities are endless. The area's proximity to major transportation routes and the vibrant commercial hubs of Culver City and West Los Angeles ensures that your investment will only appreciate over time.

Imagine waking up to the gentle California sun, enjoying morning strolls through tree-lined streets, and embracing the community spirit that defines Palms-Mar Vista. With ample green spaces, local markets, and a thriving arts scene, this neighborhood offers a lifestyle that is both enriching and fulfilling.

Don’t miss your chance to be part of this flourishing community. Explore the available land for sale in Palms-Mar Vista and start envisioning your future in this remarkable corner of Los Angeles!

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.