Approved plans and permits issued to develop a 10 unit apartment building blocks away from State of Calf. Superior Courthouse, City Hall, The Federal Government Building and Building and Safety / City of LA Planning Department. Project consists of two side by side lots totalling 15,000 sq. ft. on which building plans show a well designed, open space and functional 3 story, 10 unit apartment building with parking on grade.
The apartment building has been designed to take advantage of the shortage of available Three Bedrooms apartments in the area. Out of the 10 units 8 are 3 Beds and the other two units are 2 Beds + a large Den that could be used as a 3rd Bedroom. Additionally, the open air courtyard on the 2nd story over the parking gives the building open space feel that can also be utilized as common area space for future tenants. The Building Permits have been paid for ($81,000) and are included in sale.
Unit Mix:
4 x 3 Bedrooms, 2 Bath - 1473 Square Feet - Rent Pro-Forma - $2,800 - $3,000 Mo
4 x 3 Bedrooms, 2 Bath - 1453 Square Feet - Rent Pro-Forma - $2,800 - $3,000 Mo
2 x 2 Bed + Den, 2 Bath - 1489 Square Feet - Rent Pro-Forma - $2,600 - $2,800 Mo
For Sale By Owner.
