Commercial For Sale | Multifamily | Apartment building / Low Rise / Garden Style / 1-3 stories high
1541 South Hayworth Avenue . Mid City , CA 90035
10 Unit Entitled Development. OPPORTUNITY TO ACQUIRE A RARE DEVELOPMENT SITE FOR 10 UNITS APARTMENT BUILDING in Los Angeles, California.For additional information regarding this transaction , please contact the listing agent, Glen Scher 818-212-2808 Glen.Scher@marcusmillichap.com
Posted: 03/11/2022 1:31 pm
| On HOMEiZ: 779 days |
Updated: 2 years ago
| Views: 417
Location Map
Property Type
Sold
Property Price
$2150000
$2150000
03/10/2022
6,880.00
Sq. Ft.
$173
12454
Contact listing agent%
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Property Location & Description
10 Unit Entitled Development. OPPORTUNITY TO ACQUIRE A RARE DEVELOPMENT SITE FOR 10 UNITS APARTMENT BUILDING in Los Angeles, California.For additional information regarding this transaction , please contact the listing agent, Glen Scher 818-212-2808 Glen.Scher@marcusmillichap.com
Non Rent Control
The
Site is 6,880 square feet in total, zoned R3-1, allowing a developer to build 10 multifamily units. The
following steps for a developer would be to entitle and get to Ready to Issue (RTI) status. There are
preliminary plans for 10 two-bedroom units.
well located just outside of Pico Boulevard in the heart of Mid-City. Mid-Wilshire is a
diverse and centrally located district with many world-class museums, eateries, shopping, and
entertainment options. Some of these options include the renowned Los Angeles County Museum of
Art (LACMA), Peterson Automotive Museum, The La Brea Tar Pits, CUT, Urth Caffe, Republique,
The Beverly, The Grove, The Doheny Room, The BLVD, etc. A mix of magnificent homes, exclusive
schools, hip entertainment options, and sunny treelined streets makes this location one of the most
desirable places to live in Los Angeles.
10
$215000
No.
Description
No. Units
Sq. Ft.
Avg. Mo. Rent
1.
2.
3.
4.
5.
R3-1
0%
3
0
Property Information
Sewer
Parking
Investment Overview
Investor
Energy Efficiency
No
Neighborhood lifestyle
Urban Core
More information
Listing Presented by
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