1517 W 8th Street
Los Angeles, CA 90017
0.30 acres | #24373943
Description
Ultra Efficient RTI Development Site in City West. The Plaza Apartments @ City West, a 60-unit multifamily development opportunity in the Downtown Los Angeles submarket. The project is permit-ready and will be delivered with all reports, plans and approvals to the selected Buyer. Designed with area demand and cost consideration paramount, the project is extremely efficient with an average unit size of approximately 582 square feet and no subterranean parking. The project has been subjected to rigorous underwriting and is conceptualized with an intimate understanding of the market by seasoned local experts. Construction is 7-story type III-A with at- and above-grade parking and approximately 36,000sf of rentable area. A unit mix skewed towards studios and 1-bedrooms meets local demand head-on catering to young professionals and small families looking to live as close to Downtown Los Angeles as possible.
Property Details
- ViewCityLights
- Lot DescriptionFlat
Measurements
- Acres0.2959
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Sewer InformationOther
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$3,995,000
Other
- MLS #24373943
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Adam Peterson (#CLW-X86252)
Listing Office: CB Richard Ellis, Inc. (#CLW-X74295)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
