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Restricted Address LOS ANGELES, CA 90028
- Commercial / Owner Financing
Property Details for FOUNTAIN St, LOS ANGELES, CA 90028
Features
- Price/sqft : View Details
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- Total Units : View Details
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- Construction Type : View Details
Facts
- Year Built : View Details
- Property ID : View Details
- Parcel Number : View Details
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Description
This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.
**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 u0026 a unit mix of luxury one u0026 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**
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