Calling all investors and contractors! We are pleased to announce for sale an opportunity to build 5 single family ( small lot subdivision) luxury homes in the highly coveted neighborhood of Faircrest Heights! The offering consists of an 8,500 sf lot zoned R3. Each home will consist of approximately 1,970 sqft, 3 br 2.5baths, 3 stories, and two car garages. New construction homes in the area selling for around $600/SF! Property will be delivered RTI with approved plans at the close of escrow. Plan summary attached. Buyer can build condos if desired. Don't miss this amazing opportunity to develop in one of the most desirable neighborhoods of Los Angeles! (Photo is a rendering, not actual building) Listed by Daniel Shamooelian, Brc Advisors Bh.