4136 Rosewood Avenue
Los Angeles, CA 90004
Land For Sale
·
0.23 AC
Investment Highlights
- RTI permit-ready 16-unit 100% market-rate development site
- Generous FAR of 33,365 square feet
- Eligible for TOC Tier 3 incentives
- Excellent mix of six-3-bedroom units, four 2-bedroom units, and four 1-bedroom units
- 27 anticipated parking spaces and 18 bike spaces
- Within a Qualified Opportunity Zone, making this an ideal project for qualified investors seeking tax-advantaged investments
Property Facts
Description
Maher Commercial Realty is pleased to present this rare opportunity to purchase an RTI permit-ready 16-unit 100% market-rate development site in a hip East Hollywood location. The proposed property benefits from an excellent mix of eight 3-bedroom units, four 2-bedroom units, and four one bedroom units with a generous FAR of 33,635 square feet. There are 27 anticipated parking spaces for this proposed four-story project. Only one other RTI site has sold in this submarket since January, 2022, and only one of a handful of 100% market-rate RTI projects to come "for sale" in Los Angeles in the past year. Great location adjacent to trendy Silverlake, Hollywood, and Rampart Village with easy access to the 101 Freeway and Western Avenue and two blocks north of the Vermont/Beverly Metro Station. Surrounded by shopping and dining including Sqirl, Jollibee, Melody and Taqueria El Charrito.
Property Taxes
| Parcel Number | 5520-017-018 | Improvements Assessment | $265,200 |
| Land Assessment | $1,224,000 | Total Assessment | $1,489,200 |
Property Taxes
