Acquisitions

Small lot subdivision ownership answers a demand for new construction residences in an expanding metropolis by providing a smart-growth alternative to single-family and condominium homeownership. Introduced to Los Angeles in 2005 and later revised in 2016, the Small Lot Subdivision Ordinance allows for the creation of detached townhouses on land zoned for commercial and multi-family use, reducing traditional setback requirements and minimum lot sizes from 5,000 square feet. 

Designed to be move-in ready and turnkey, these detached, townhome-style residences are structurally independent with no shared walls. Residents own the home as well as the land it’s situated on. The footprint is smaller than a typical single-family residence, translating to savings in land costs, while minimal fees for common area maintenance provide an alternative to the hefty HOA costs of condominium ownership.