RTI development opportunity in a prime Central Los Angeles location. This property comes with Ready-To-Issue plans for a 5-unit residential project, consisting of 4 units plus 1 Accessory Dwelling Unit (ADU).The approved plans include a 2-story building with basement, totaling approximately 5,291 square feet, designed with an efficient and desirable… Read More unit mix. The layout includes a combination of one- and multi-bedroom units, as well as a dedicated ADU, providing flexibility for rental income. Project features include: Roof deck and open space areas with 3 carport spaces and 1 enclosed garage and Modern configuration suitable for today's rental market! Located in an R4-zoned area (Central City West), the property is positioned near Echo Park, Silver Lake, and Downtown Los Angeles, with convenient access to major employment centers, transportation, and amenities.This is an ideal opportunity for developers or investors to move forward with construction without the time and uncertainty of the entitlement process.Plans and additional documentation available upon request. Read Less
Property listed by Keller Williams Realty Los Feliz, Cristina Dam 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Beds
8
Square Ft.
5,291
Lot Size
0.08 Acres
Year Built
1910
MLS Number
26661015
Additional Details
Building
Built in 1910, Living area: 5291.0, 1 building, 2 stories, Levels: Two
Community
Gated
Cooling
None
Heating
None
Lot
0.084 acres, Dimensions: 45x70
Parking
4 open parking spaces, 4 total parking spaces, Driveway
Property
UnderConstruction, CityLights
Security Features
GatedCommunity
Taxes
Parcel Number: 5160014023, Zoning: LACW
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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