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$3,599,999
Est. payment /mo
0.44 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PV21227687
Lot Size 0.438 Acres
Property Sub-Type Lots/Land
Property Description
39 Unit AFFORDABLE HOUSING APARTMENT SITE.... 8 - 3 BEDROOM 2 BATH, 24 - 2 BD. 1 3/4 BA, 7 - 1 BEDROOM 1 BATH .. PLANS CURRENTLY IN PLAN CHECK ......NO PUBLIC HEARINGS OR CONDITIONAL USE PERMITS NECESSARY.......QUICK APPROVAL POSSIBLE.... 27 CAR SUBTERRANEAN PARKING GARAGE ( VENTED NATURALLY )..... 2 CONTIGUOUS LOTS INCLUDED. ( APN'S 7411-005-017 & 7411-005-018)...POTENTIAL PANORAMIC VIEWS FROM 3RD ( TOP ) FLOOR .. ONE OF THE LAST SOUTH BAY MODERATE SIZE PROJECT SITES .. **** ACTURAL CITY ADMINISTRATIVE APPROVAL FOR 52 UNITS ( 4 Floors above Parking Garage ) **** INDIVIDUAL WATER, GAS AND ELECTRIC METERS... PROJECTED ANNUAL GROSS INCOME - $ 1,200,000+ .... APPROX 6.1 CAP ..... ( Depending on Actual Rental Income )
Location
State CA
County Los Angeles
Direction BETWEEN WESTERN AND VERMONT Cross Streets: BELLPORTE AVE
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 7411005017
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Listed by Teresa Schweyer, DRE#01471535 Prime Properties
NEARBY SCHOOL & BUSINESS
“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
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