Overview

Property ID: HZ271339
  • Land
  • Property Type

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

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

Schedule a Tour

Your information

What's Nearby?

Please supply your API key Click Here

Contact Information

View Listings
Lianna Shahinyan

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Compare listings

Compare
Lianna Shahinyan
  • Lianna Shahinyan