Development opportunity. The property is being offered with plans currently in process for a proposed 6 unit multifamily development. Seller has obtained a demolition permit for the existing single family residence, which is intended to be demolished by Seller. The proposed approximately 3,500 SF development includes a planned unit mix of four (4) ADA-compliant 1-bedroom/1-bathroom units and two (2) 2-bedroom/1-bathroom units. Potential opportunity to add approximately 4–6 ADUs in addition to the proposed 6-unit development. Buyer to independently verify all development opportunities, feasibility, zoning, permits, approvals, plans, and ADU potential with the City of Los Angeles and all applicable agencies. Plans are currently in process and estimated to be Ready-to-Issue (RTI) in approximately 3–4 months. SELLER FINANCING AVAILABLE
Listing courtesy of Listing Agent: Deborah Moussighi (debbymoussighi@yahoo.com) from Listing Office: Keller Williams Luxury.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.