Property Detail

Description

Approved for 19 Small Lot Subdivision (SLO), and Ready To Issue Building Permit. This sale offering is for 3 consecutive lots totaling ~28,808 SF of land entitled for 19 Small Lot Subdivision (SLO) homes with an approved Letter of Determination (LOD) and Vesting Tentative Tract map (VTT-82296-SL) from the City of Los Angeles. Project engineering and architecture plans are approved and Ready-to-Issue ("RTI") for Building Permits (i.e. near Shovel Ready). Demo and Grading Permits issued for the existing brick building and site. The approval includes the relocation of a cell tower, which is incorporated into the site design. The Property is zoned 'RD2-1XL'. All homes are 3-story tall with roof decks, ranging in size from 1,759 SF to 2,126 SF with 3 and 4 bedrooms, 3.5 and 4 bathrooms. One of the 19 homes is restricted to a Very Low Income (VLI) resident. APNs 7454-015-003, 7454-015-004, 7454-015-005. A PDF Offering Memorandum is available upon request. All offers are welcome.