Los Angeles CA 90016
Status: Active
The following 4 unit property is ideally suited for a developer- The land is zoned to build 20-25 unit apartments ( buyer to verify with city planning ) the tenants are under rent control - The ideal buyer is one who plans to relocate existing tenants and build 20-25 new apartment units on site. This property is ideal for an all cash investor who has the knowledge and expertise to develop this 4 unit into a 20-25 unit multifamily project. Twelve to Fifteen million after value development potential or more.