12 bedroom house for sale

Overview

FULLY APPROVED PLANS w/ RTI PERMITS We're pleased to present this one-of-a-kind, fully entitled Ready-To-Issue (RTI) development opportunity in the desirable and growing Hollywood neighborhood. Boasting a high Walk Score, the proposed project is situated a short distance from Sunset Blvd and is surrounded by a plethora of amenities. Utilizing TOC incentives, the development consists of 12 units with a contemporary design, featuring a 4-story mid-rise wood-frame structure, 14 onsite subterranean parking spaces and a unit mix of luxury one and two bedroom units. Entitlements are complete, allowing a buyer to begin construction immediately. Located in an exclusive HUD approved 'Opportunity Zone', this LAR3 - 1XL property sits on a spacious 7, 000SF pad with approved plans to build up to approximately 22, 870SF (16, 080SF Residential Living Space plus 6, 790SF Subterranean Garage). Priced to provide compelling exit metrics for a developer/buyer. See Offering Memo for a detailed analysis of residual land value. SELLER FINANCING may be available for qualified buyers For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69045879

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