3123 Livonia Avenue, Los Angeles, CA 90034
Commercial Property
Built in ——
0.3acre lot
—— car garage
$——/sqft
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
- Zoning: R3-14311027012
- Source: CRMLS
This listing courtesy of Eliyahu Appel , Marcus & Millichap
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Castle Heights Elementary School
9755 Cattaraugus Ave, Los Angeles, CA, 90034
Grades KG-5
0.53 miles away
Los Angeles Center for Enriched Studies
5931 W 18th St, Los Angeles, CA, 90035
Grades 6-12
1.47 miles away
Alexander Hamilton High School
2955 S Robertson Blvd, Los Angeles, CA, 90034
Grades 9-12
0.18 miles away






