The Important
Details
List Price:
Property Type:
Status:
# Units:
Year Built:
Cap Rate:
GRM:
Gross Rent:
Bldg. SF:
Lot SF:
$/SF:
$/Unit:
Unit Mix:
Opportunity Zone:
Parking:
Other Features:
$840,000
RTI Land
For Sale
4
2023
N/A
N/A
N/A
7,300 sqft
7,320 sqft
$114.75
N/A
1 x 6b/6b SFR, 1 x 3b/3b ADU, 2 x 4b/4b
No
9 Parking Spots + 1 Bonus Spot
SB-8 Exempt, Non Rent Controlled, Flat Lot
The Highlights
No rent control on the future project!
Delivered RTI!!! Get ready to build ASAP.
SB-8 EXEMPT!
Huge (7,320 SF) flat lot, ideal for a new construction project. Minimal land inventory of this size on the market.
Already demolished- saving money on demo costs!
Expertly designed plans that will be cost-effective to build. No steel beams, two-way cantelievers, non-aligning interior framing, etc. Massive cost savings.
There are 3 large flex rooms (450 sf+ ) with a private entrance and yard space. These rooms will generate additional rental income for the buyer.
9 legal parking spaces, plus 1 bonus spot: a whopping 10 spots!
Large Bedrooms designed for students: All units have bedroom sizes of 10' x 12' minimim that can accommodate both a queen size bed and a computer desk.
All units, including the flex rooms, have large usable private open spaces.
No relocations needed! Non-tenant occupied!
Located minutes from USC & Exposition Park.
A mix of large 6, 4 and 3 bedroom units, meaning maximum income.
The Neighborhood
<15-Minute Walk
Gilbert Lindsay Recreation Center, Cafe Calle, Bill's Taco House, Sonsonate Grill, Mother's Nutritional Center, Pizza Loca, Mi Bandera Pupusería, Harmony Elementary School, Gus Jr #1, McDonald's, Delicious at The Dunbar, KFC,
<15-Minute Drive
USC Campus, Trader Joes, Target, Rock & Reilly’s, USC Village, Study Hall, McKay’s, Greenleaf Kitchen & Cocktails, Moreton Fig, CAVA, Giardino Ristorante, The Lab Gastropub, Stout Burgers & Beers, Honeybird, Rosso Oros Pizzeria, City Tacos
<$15 Uber Ride
USC Campus, Trader Joes, Target, Rock & Reilly’s, USC Village, Study Hall, McKay’s, Greenleaf Kitchen & Cocktails, Moreton Fig, CAVA, Giardino Ristorante, The Lab Gastropub, Stout Burgers & Beers, Honeybird, Rosso Oros Pizzeria, City Tacos
Contact
Lauren Cearley
213.302.8662
Property Presented By:
