$1,600,000

4719 8th, Los Angeles, CA 90043

Land
Built in ——
7,000sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

This unique opportunity offers a fully entitled lot with RTI (Ready-to-Issue) permits for a 23 unit all 1B/1B multifamily development in the growing 90043 area. The property is perfectly positioned for a savvy investor or developer seeking a high-demand rental market location, strong proforma rents, and modern construction opportunities. The property is located in a vibrant neighborhood with increasing tenant demand, excellent transit accessibility, and close proximity to essential amenities and employment hubs. Development highlights: Construct a 23 unit all 1B/1B multifamily apartment building per RTI permits. Units are designed as one-bedroom layouts, appealing to single professionals and couples in a high-demand area.

Listing Status:: Active
Listing Office:: eXp Realty of Greater Los Angeles : 888-652-1314
Listing Agent:: Steven Gray : 213-570-9275
MLS ID:: PW25230916

HOA Amenities: 0.0
Originating MLS: California Regional MLS
County: Los Angeles

Zoning: 5014006024

Utilities: Natural GasTelephone

Source: California Regional MLS

This listing courtesy of Steven Gray, eXp Realty of Greater Los Angeles

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Angeles Mesa Elementary

2611 W 52nd St, Los Angeles, CA, 90043

Grades KG-5

0.40 miles away

Audubon Middle School

4120 11th Ave, Los Angeles, CA, 90008

Grades 6-8

0.64 miles away

Crenshaw Magnet High School

5010 11th Ave, Los Angeles, CA, 90043

Grades 9-12

0.29 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.