$1,395,000 Price Analysis   ♡   Los Angeles, CA 90047 Unknown bed 0 bath unknown SqFt ($0/SqFt) 6,502SqFt lot. Listed 2024-07-15 | Ⓧ USDA Ineligible due to property near Westmont |
Partners CRE is proud to present for sale a Ready-to-Issue ED1-vested 31 Unit + 2 Commercial Affordable Housing Project on a 6
500 SF corner lot in a low-density area.Designed with efficiencies in mind, this fully stacked on-grade design features 6 x Studio's, 22 x 1 bedrooms, 3 x 2 be droom units and 2 commercial ground floor retail (for a total of around 19, 749 SF of rentable space). The retail component offers a huge amenity to the building allowing the owner to provide services to tenants within the building, ex.
a large PATH Office space, a Leasing office or supportive center.The property features RTI plans that allow a developer to break ground once escrow is closed and it will be delivered vacant at the close of EscrowThe property is located on Florence between Western and Normandie intersection and has easy access to 110 freeway. This opportunity is about 6 miles south of DTLA, about 3 miles south of Banc of California Stadium and LA Memorial Coliseum and about 5 mles east of SoFi Stadium.
Presented by Jordan Petito at
Keller Williams Beverly Hills.
Property MLS #24-413429 from TheMLSCLAW
Lot Size Square Feet: 6502
Calculated Total Monthly Association Fees: 0
County: Los Angeles
Directions: A few blocks west of Halldale Ave, close to Normandie Ave
Source Property Type: Land
Area: Metropolitan Southwest
Source Neighborhood: Metropolitan Southwest
Parcel Number: 6018-007-001
Postal Code Plus 4: 2211
Zoning: LAC2-1-CPIO
Source System Name: C2C
$1,395,000
TheMLSCLAW
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.