Overview
Property ID: HZ271339
- Land
Description
RTI Affordable Housing Development to build 57 units…Unique opportunity to acquire shovel-ready vacant land…Ready-to-issue permits (RTI) – Can start construction immediately – No tenants to relocate / no demolition expenses…permitted with ZERO parking spaces allowing for a tremendous construction-cost savings and speedy construction timeline…engineered for efficiency and designed to be built economically…Projected Profit: $13,300,000 (see financial overview in OM)…can be sold together with 4345 Woodlawn Ave. (RTI to build 33 units) or can be sold separately
Address
- Address 5318 S Hoover Street
- City Los Angeles
- State/county CA
- Zip/Postal Code 90037
- Area C42 - Downtown L.A.
- Country United States
Details
Updated on December 26, 2022 at 6:10 pm- Property ID: HZ271339
- Price: $5,195,000
- Land Area: 14474.00 Sqft
- Property Type: Land
- Property Status: For Sale
- MLS#: 22180559
- Office Name: BRC ADVISORS- BH
- Agent Name: Ardy Ishal
- MLS Status: Active
- Living Area Prefix: Sqft
- MLS#: 22180559
- Office Name: BRC Advisors- BH
- Agent Name: Ardy Ishal
- MLS Status: Active
- Agent State License: 01769601
- Agent State License: 01769601
Additional details
- County: Los Angeles
- Parking: 0.00
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