Small Lot Subdivisions / Los Angeles
Are there any investors or developers in the Los Angles or California area that are familiar with (or expert) with Small Lot Sub Divisions?
They're have been a lot of these popping up in Los Angeles. The appeal is that developers are allowed to structure their properties so that there is no HOA, just a smaller maintenance fee making it more appealing for buyers looking for single family residences.
There's a bit of grey area as an owner/investor because there is no governing body. There are CC&R's but aren't governed the same as a normal HOA found on condo units.
If you are familiar with SLSD and are opening to talking about your experience as an owner, investor and developer let me know. I'd like to learn more about them.
Most Popular Reply
Hi Chris, we've got one in planning near the new Expo Line. As @Joshua McGinnis points out the challenge is finding lots that lay out properly for the idea. Modative has done a good job synthesizing info and programs in the links Joshua provided, but there are also others that have done some creative work.
Jay Vanos is a spectacular architect and is very well versed in the THO/SLSD. I'd also suggest googling Mott Smith and his Maltman Bungalows.
Another note re: zoning. they are allowed in C zones and some R2 depending on how close you are to commercial zones.
Good luck
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