We are pleased to offer this development offering consisting of a vacant Single-Family residence, located in the Mid-Los Angeles neighborhood of the City of Los Angeles. The current improvement is a single family home consisting of 1,960 square feet and is situated on a 7,838 square foot lot. The property will be delivered vacant at the close of escrow allowing developers the perfect opportunity to redevelop the parcel. The parcel is Zoned R3 allowing developers to build approximately nine residential units by right, and build sixteen units with a Tier 2 TOC bonus and upon completion will not be subject to City of Los Angeles Rent Stabilization Ordinance. Listed by Ian Hollinger, Brc Advisors Bh.