1310 S St Andrews Pl Los Angeles, CA 90019

$2,200,000
Los Angeles, CA   90019
0 Beds, 0.0 Baths, 0 sq ft, 13,141 sq ft lot, Built in 0
1310 S St Andrews Pl, Los Angeles, CA 90019 Photo 0
0 Beds,
0.0 Baths,
0 sq ft,
13,141 sq ft lot
Built in 0

Description

MLS# SR18016923

We are pleased to present for sale a unentitled development site in the thriving, densely populated Mid-City neighborhood. Owner will carry financing with 30% down payment at 5% interest rate for 5 years. The site is zoned C2 on 13,140 square foot lot. 3.75 FAR including TOC density bonus. Develop 32 units as multifamily project. Other option using TOC can develop over 50 units. See rent comparable range for new construction. 1 bedroom range from $1,600 - $1,800 & 2 bedrooms range from $2,000 - $2,500. Midtown Los Angeles offers an excellent, central location that is minutes away from key employement centers including Downtown Los Angeles, Wilshire Boulevard, Miracle Mile, Koreaown, Hollwyood, West Hollywood, Beverly Hills, and Century City. Currently operating as a 9 unit apartment building with gross income of approximately $111,900. One unit will be delivered vacant. Listed by Anie Mayelian, Keller Williams Encino Sherman.

Description

MLS# SR18016923

We are pleased to present for sale a unentitled development site in the thriving, densely populated Mid-City neighborhood. Owner will carry financing with 30% down payment at 5% interest rate for 5 years. The site is zoned C2 on 13,140 square foot lot. 3.75 FAR including TOC density bonus. Develop 32 units as multifamily project. Other option using TOC can develop over 50 units. See rent comparable range for new construction. 1 bedroom range from $1,600 - $1,800 & 2 bedrooms range from $2,000 - $2,500. Midtown Los Angeles offers an excellent, central location that is minutes away from key employement centers including Downtown Los Angeles, Wilshire Boulevard, Miracle Mile, Koreaown, Hollwyood, West Hollywood, Beverly Hills, and Century City. Currently operating as a 9 unit apartment building with gross income of approximately $111,900. One unit will be delivered vacant. Listed by Anie Mayelian, Keller Williams Encino Sherman.

Area
AREA: C16 - Mid Los Angeles
COUNTY: LA
Building Info
VIEW: None
Exterior Features
LOT: Paved
Community
HOA DUES 1: 0.00
COMMUNITY: Sidewalks, Street Lighting
Land
WATER: Public
LOT NUMBER: 15
ZONE: LAC2
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