$ 1,200,000
-
$1,200,000
Price -
0
Bed -
0
Bath -
1,314
SqFt
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About the Listing 9714 - M43556
MISSION LOFTS – 22-UNIT MULTIFAMILY DEVELOPMENT OPPORTUNITY. Rare opportunity to acquire a three-parcel assemblage totaling approximately 13,510 SF in Northeast Los Angeles. The property includes plans for a proposed 22-unit multifamily apartment development featuring contemporary architecture, three stories over subterranean parking, and approximately 31,458 SF of proposed building area. The project is a Density Bonus development with plans reportedly approximately 70% complete. Survey, geotechnical work, architectural plans, site plans, floor plans, elevations, and development studies have been completed. Proposed unit mix includes studios, one-bedroom, two-bedroom, and three-bedroom units with 29 subterranean parking spaces. Strategically located near Los Angeles General Medical Center, USC Health Sciences Campus, Cal State LA, Downtown Los Angeles, major employment centers, public transportation, and regional freeways. The surrounding Northeast Los Angeles corridor continues to benefit from public and private investment, new residential development, healthcare expansion, and urban infill growth. Ideal opportunity for developers, builders, and investors seeking a substantially advanced multifamily development project in a supply-constrained Los Angeles submarket. Buyer to independently verify all information, zoning, development potential, approvals, plans, reports, permits, and entitlements.
Listing Highlights
Status
Active
Days on Site
31
Property Type
Commercial Sale
MLS ®
MB26121326
Year Built
1952
Total Square Footage
1,314
Lot/Acreage
0.31
County
Los Angeles
Area
621 - El Sereno
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner Lot,Near Public Transit,Rectangular Lot,Value In Land,No Land Lease
- Garage Capacity: N/A
- Zoning: [Q]C2-1
- Roof:
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5209035005
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
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Questions About..
4117 N Mission Rd Los Angeles, CA 90032
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