Great investment opportunity. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions.(See Docs) Rent out or develop this 9310 sq ft lot. Zoned LAR3, TOC Tier 1. ED1 Eligible. Based on FAR 3, total buildable area may be 27,930 sq ft. All information provided deemed reliable but not guaranteed. Buyer and Buyers agent to verify all information with the city zoning and planning for accuracy. Property consists of 4 freestanding 1 bedroom/ 1 bath bungalows with ample parking in the back.