$1,225,000
For Sale

5150 S Western Avenue

Los Angeles, CA 90062
0.15 acres | #CV24240264
Listing OfficeOPTION ONE REALTY & INVESTMENT
Browse 5 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Prime Development Opportunity – Vacant Land with RTI Plans! Presenting an outstanding opportunity for developers and investors: vacant land with Ready-to-Issue (RTI) plans to construct 4 luxurious three-story units in the form of two duplexes. Each unit is thoughtfully designed with: 5 bedrooms and 5 bathrooms per unit a total building area of 8,412 sqft across all units. Modern layouts offering functionality and style. No RSO and Not subject to SB8 regulations, Streamlined project ready to go! Located in a desirable area, this property is perfect for those seeking to maximize their return on investment with a turnkey development opportunity. Buyer to perform their own investigations and due diligence regarding all aspects of the property, plans, and development. This is a rare chance to build an impressive project—don't miss out!

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • CountyLos Angeles
      • Original List Price$1,225,000
      • MLS #CV24240264
      • MLS #CV24240264
      • Property TypePurchase
      • Cost1225000
      • Acres0.1493
      • Utility SourcePublic
      • Property SubtypeLand

Location

Esther NixReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

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Loan Amount
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