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ZIP CODE 90011

$2,450,000
ACTIVE Status
An affordable housing development opportunity at 1432 E 25th St just south of Downtown Los Angeles. The 10,509 SF lot will be delivered RTI for 54 income-restricted units and 1 manager unit. The project is located between Hooper Ave and Compton Ave, just 3 miles east of USC. The project is offered at a low $44,545 per buildable unit, with no tenant relocation required. There is currently an existing 4,196 SF structure that will be delivered vacant at the close of escrow.Plans call for 6 singles (320 SF) and 49 one-bedroom units (388 SF) with no parking required. The four-story building totals 26,048 SF and includes amenities such as a 4,400 SF communal roof deck, allowing residents unobstructed views of Downtown Los Angeles to the north. Located in a dense, infill location of South Los Angeles with an easy commute to Downtown and Vernon; walk score of 77 and close to multiple Metro local lines and the Metro A rail line. The cost-efficient design calls for four stories of Type V construction, with no parking requirements. Design features of the project include stucco-clad, vertically undulating balconies sweeping across the main elevation seamlessly integrating modern design elements with functionality. Potential design finishes for the balconies include a wood trim on all inside-facing planes, and a design element that is continued through the building's exterior-facing corridors, creating outstanding visual appeal, and elevating the project above other new developments

1432 E 25th St, Los Angeles

Courtesy of , Neema Ahadian - CA DRE#

$1,700,000
ACTIVE Status
We are pleased to present a ten (10) unit multifamily redevelopment opportunity located in Los Angeles, California. The subject properties are in a solid South Los Angeles location, east of USC and south of E Adams Boulevard. Built in 1911 and 1913 respectively, this property is a double-lot multifamily property consisting of ten (10) one-bedroom / one-bathroom units total; six (6) standard sized units in the corner lot and four (4) larger units in the adjacent lot. The back of the property features fully parked on-site parking. The property is a very ideal value-add opportunity, priced at 7.46 pro forma GRM and 9.88% pro forma cap rate. This double-lot is situated on a hard signalized corner and is zoned LAR3-1 with 12,550 SF of combined land. This allows for the development of fifteen (15) units by-right, or twenty-four (24) units utilizing tier 1 TOC benefits. The zoning allows for 45' max height and an FAR of 3:1. With TOC, a developer can be granted incentives to build 56' max height and a 4.2:1 FAR. Tenants will enjoy living in close proximity to the University of Southern California (USC) along with its collegiate amenities. The strength of this area is demonstrated by CityView, a development firm that just completed their latest mixed-use complex featuring 296-units with ground floor retail just a few blocks from the subject property on the corner of Adams Boulevard and Grand Avenue. Situated in a solid South Los Angeles location, this offering presents an excellent opportunity for any investor to capitalize on either capturing rental upside or developing up to twenty-four (24) units in a strong rental market adjacent to USC at an attractive basis.

257 E 30th St, Los Angeles

Courtesy of , Jason Tuvia - CA DRE#

$1,700,000
10 Beds 10 Baths ACTIVE Status
We are pleased to present a ten (10) unit multifamily redevelopment opportunity located in Los Angeles, California. The subject properties are in a solid South Los Angeles location, east of USC and south of E Adams Boulevard. Built in 1911 and 1913 respectively, this property is a double-lot multifamily property consisting of ten (10) one-bedroom / one-bathroom units total; six (6) standard sized units in the corner lot and four (4) larger units in the adjacent lot. The back of the property features fully parked on-site parking. The property is a very ideal value-add opportunity, priced at 7.46 pro forma GRM and 9.88% pro forma cap rate. This double-lot is situated on a hard signalized corner and is zoned LAR3-1 with 12,550 SF of combined land. This allows for the development of fifteen (15) units by-right, or twenty-four (24) units utilizing tier 1 TOC benefits. The zoning allows for 45' max height and an FAR of 3:1. With TOC, a developer can be granted incentives to build 56' max height and a 4.2:1 FAR. Tenants will enjoy living in close proximity to the University of Southern California (USC) along with its collegiate amenities. The strength of this area is demonstrated by CityView, a development firm that just completed their latest mixed-use complex featuring 296-units with ground floor retail just a few blocks from the subject property on the corner of Adams Boulevard and Grand Avenue. Situated in a solid South Los Angeles location, this offering presents an excellent opportunity for any investor to capitalize on either capturing rental upside or developing up to twenty-four (24) units in a strong rental market adjacent to USC at an attractive basis.

2915 Maple Ave, Los Angeles

Courtesy of , Jason Tuvia - CA DRE#

$1,599,000
11 Beds 6 Baths ACTIVE Status
DELIVERED ALL VACANT - CAP RATE 6.24%. Welcome to a unique investment opportunity near DTLA! Embrace the potential of this multifamily income property boasting 11 beds and 6 baths. Recently renovated, this multifamily property features a total of 11 bedrooms and 6 bathrooms, offering ample space for tenants or potential residents. Each unit exudes a perfect blend of contemporary luxury and comfort, ensuring a high-quality living experience for all. Inside the property, you'll find modern and state-of-the-art appliances in the kitchens, a true delight for any aspiring chef. The upgraded flooring adds a touch of sophistication to each unit. Additionally, the property includes five gated parking spaces, ensuring convenience and security for tenants and their vehicles. Situated near DTLA, this multifamily income property offers easy access to a wide array of shopping, dining, and entertainment options. Commuting is a breeze with the convenience of major highways and public transportation in close proximity. Whether you're an experienced investor or just starting your investment journey, this multifamily income property presents an incredible opportunity to diversify your portfolio and enjoy the benefits of owning an income-generating property in a prime location. Don't miss out on this chance to seize your financial future with this beautifully remodeled and strategically positioned multifamily income property!

926 E 57th St, Los Angeles

Courtesy of , Robert Fields - CA DRE#

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