Commercial For Sale | Land | Multifamily

4324 South Vermont Avenue . South Los Angeles , CA 90037


Development opputinuty 16 Unit RTI Near USC. For more information contact the listing agent, Jordan Epstein 818-212-2799 Jordan.Epstein@marcusmillichap.com

Posted: 12/28/2021 1:55 pm | On HOMEiZ: 862 days | Updated: 2 years ago | Views: 407

Location Map

Property Type

Sold

Property Price

$1250000
12/29/2021
1.25%

Property Location & Description

Development opputinuty 16 Unit RTI Near USC. For more information contact the listing agent, Jordan Epstein 818-212-2799 Jordan.Epstein@marcusmillichap.com
The Subject property is fully approved RTI (Ready-to-Issue) plans to build a 5- story, 16 unit apartment building. All units will be 3 Bedroom and 2 Bathroom, about 940 square feet in size with open layout and washer/dryer hookups. 12 of the 16 units will feature its own private balcony and parking will be on-grade (street level). Approved total building area will be 17,121 square feet with a approved floor area of 15,791 square feet. The approved housing covenant allows 14 units to be rented at market rent and 2 units to be rented at the affordable housing rate.
less than one 1 mile from the USC campus Los Angeles, CA.
Irrigation is available
Electricity/Power is available
Water is available
Telephone is available
Cable is available
Gas/Propane is available
5020-035-018
C2-1VL, TOC-3
Yes
Yes
No
No Data
No Data
RTI Development Near USC
Corner Lot with Alley Behind
16 Units 5 Stories On-Grade Parking

Lot Details

Details #1
$1250000 Price/Sq.Ft.
6132 Sq. Ft.
Contact listing agent %
No Data
No Data
16

Sewer

Sewer System (Public)

Neighborhood lifestyle

New Urban

More information

Listing Info

Listing ID: 2996
Sold

For Sale

$1,250,000

Listing Presented by

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