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843 W 82nd St
Los Angeles, CA 90044
Land For Sale
·
0.16 AC
Investment Highlights
- The Neema Group is pleased to present an affordable housing development opportunity at 843 W 82nd St, located between S Vermont Ave and S Hoover St
- Plans call for an efficient five story project, utilizing Type III construction for a fully stacked design reducing construction costs for a developer
- The finished project totals 48 ,123 SF and has a desirable unit mix of 4 x singles, 79 x one-bedrooms, and 5 x two-bedrooms
- The 9,301 SF lot will be delivered fully entitled for 87 income-restricted housing units and 1 manager unit with no parking required
- The existing duplex will be delivered vacant at the close of escrow, allowing a developer to break ground immediately
- The project is offered at a low price per buildable unit, allowing a privately funded developer the opportunity to develop a high yielding project
Property Facts
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Commercial | Total Lot Size | 0.16 AC |
| Zoning | R3 - Residential | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.16 AC |
| Zoning | R3 - Residential |
Property Taxes
| Parcel Number | 6032-006-020 | Improvements Assessment | $215,220 |
| Land Assessment | $510,000 | Total Assessment | $725,220 |
Property Taxes
Parcel Number
6032-006-020
Land Assessment
$510,000
Improvements Assessment
$215,220
Total Assessment
$725,220
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