$3,250,000

3123 Livonia Avenue, Los Angeles, CA 90034

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

We are pleased to present 3123 Livonia Avenue, a prime 12,866 SF development site in the Palms neighborhood of West Los Angeles, located just steps from the Robertson and National intersection at the gateway to Culver City and the Westside. The current vacant property offers a high-density redevelopment opportunity under Los Angeles' most advantageous housing incentive frameworks, including the Mixed-Income Incentive Program (MIIP) in combination with CHIP. This structure allows developers to significantly increase unit density, deliver a modern mixed-income apartment project, and benefit from zero parking requirements, substantially improving design efficiency and project economics. As a conceptual planning guide only, a MIIP + CHIP scenario may support approximately 1213 units per residential floor. This assumes a gross floor plate is approximately 8,000 SF with net rentable roughly6,400 SF per floor after reducing for hallways, staircases, etc. The first floor includes lobby area, trash room, and mail room; thus, reducing yield by roughly two units. Under this framework, total unit count could approximate 8289 units, with a potential mix of ~90% micro units and~10% small three-bedroom units, while dedicating only a limited portion of units to affordability. Buyers should rely

Listing Status:
Active
Date Added:
February 27, 2026
Data Last Updated:
April 2, 2026 at 12:06PM
Listing Office:
Marcus & Millichap : 818-212-2700
Listing Agent:
Eliyahu Appel : 818-212-2707
MLS ID:
CL26660473
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: R3-14311027012
  • Source: CRMLS

This listing courtesy of Eliyahu Appel , Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Castle Heights Elementary School

9755 Cattaraugus Ave, Los Angeles, CA, 90034

Grades KG-5

0.53 miles away

L

Los Angeles Center for Enriched Studies

5931 W 18th St, Los Angeles, CA, 90035

Grades 6-12

1.47 miles away

A

Alexander Hamilton High School

2955 S Robertson Blvd, Los Angeles, CA, 90034

Grades 9-12

0.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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