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
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Listing Agent: Dan Malka Courtesy of: Keller Williams Hollywood Hills The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 3rd February, 2023 7:05 PM (UTC)
