1299 & 1301 Colton St is a SilverlakeDowntown LA adjacent 29-unit apartment building development site, sold Ready-to-Issue! All units will be market-rate. RTI for a 4-story building over semi-subterranean parking with common decks at the podium. The proposed building will have sweeping views of Downtown LA's skyline and consists of 13 Studio apartments, 12 one-bed/one-bath apartments and 4 two-bed/one-bath apartments. Asking only $81 per buildable square foot and $79K/buildable door. Also for sale is 1346 W Court St, a 43-unit site located one block away. The two sites can be sold individualy or together. Seller is motivated and ready to make a deal. Listed by Oron Maher, California Real Property, Inc.