Description
We are proud to present a huge development opportunity to purchase a Duplex sitting on a 7,500 SF LACW Lot with RTI plans to build a 29-Unit Building atop a hill overseeing the DTLA skyline in Angelino Heights/Echo Park. The project calls for a 7-story building; 6 of which are residential, 1 for parking (1st floor), 1 basement level for additional parking, and a sprawling rooftop deck common area. Income will include rents from (16) 1 Bed/1 Bath units, (6) 2 Bed/1 Bath units, (7) 2 Bed/2 Baths units and a P.O Box Storage area that will generate substantial extra monthly income. The project is TOC Tier 1 approved. Plans delivered per request. Seller is taking care also of paying for survey and geotechnical investigation. The current duplex will be delivered vacant at close of escrow.
Location
Listing Agent: Dan Malka 02140446 Courtesy of: Keller Williams Hollywood Hills "All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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Updated: 1st February, 2023 2:52 PM (UTC)
