We are proud to present for sale a Ready-to-Issue construction project consisting of 8 Res. Units & 1 Retail Space. Sitting on a corner lot & including 15 on-grade parking spaces, this projects includes no low income units, with project entitlements being done by-right. This project was designed to minimize costs of construction, from the on-grade parking to the avoidance of an elevator (a wheelchair lift is provided to one unit), a staircase in front provides access to 2 homes on the second floor & 2 homes on the third floor, while the staircase in the back does likewise, providing access to 2 homes per floor. Six homes are 2+2 & two are 1+2 & all average around 1,000 SF. All homes share a large backyard & six homes will have 2 tandem parking spaces, with 3 additional side by side spaces in the garage. The retail space is over 600 SF, faces Washington Blvd. and has an ADA restroom. Break ground and finish this project in the time that it takes to start a project from scratch.
- Price:
- $1,500,000
- Acreage:
- 0.16
- Listing ID #:
- 20-671082
- Street Address:
- 4554 W Washington
- City:
- Los Angeles
- State:
- California
- Postal Code:
- 90016
- County:
- Los Angeles
- Community:
- Mid Los Angeles
- Listing Status:
- Active Under Contract
- Listing Type:
- Land
- Conforms To Zoning:
- C2-1vl-O-Cpio Tier 1
- Existing Land Use:
- Sfr With Demo Permit Almost Ready To Issue.
- Lot Square Footage:
- 6770
- Suitable Use:
- Ready-To-Issue Construction Project To Build Two Floors Of Residential Space Over Ground Floor Parking And Retail.
- Days On Market:
- 778
- Street Direction Prefix:
- W
- Street Type:
- Blvd
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Dario Svidler of Compass
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