Description
We are proud to present this lucrative development opportunity located at 1028 W 102nd Street St in the city of Los Angeles. This is a sizable lot totaling 11,939 square feet lot allowing you to build a total of 8-10 rentable units with a conservatively projected monthly income of $17,600/$211,200k per year respectively. The existing structure has already been permitted and demo'd...one less expense to consider. This project would feature a brand new 8-10 unit building allowing you to take advantage of the city's allowable density bonus. The subject property is ideally located in an area with a high demand for more rental units and has strong market fundamentals. The subject property is a short walk to Vermont Ave or Century Blvd providing future tenants easy access to public transportation. In addition, future tenants will enjoy close proximity of many restaurants, retail stores, sports stadiums, employers for many jobs, and is about 1.3 miles to the 110 freeway. This development opportunity offers a tremendous value with healthy upside potential. Please call today to learn all the details behind this incredible opportunity and see all the ways this project can make sense for your investment strategy. Photos are renderings of the plans and are not the actual subject property. We are proud to present this lucrative development opportunity located at 1028 W 102nd Street St in the city of Los Angeles. This is a sizable lot totaling 11,939 square feet lot allowing you to build a total of 8-10 rentable units with a conservatively projected monthly income of $17,600/$211,200k per year respectively. The existing structure has already been permitted and demo'd...one less expense to consider. This project would feature a brand new 8-10 unit building allowing you to take advantage of the city's allowable density bonus. The subject property is ideally located in an area with a high demand for more rental units and has strong market fundamentals. The subject property is a short walk to Vermont Ave or Century Blvd providing future tenants easy access to public transportation. In addition, future tenants will enjoy close proximity of many restaurants, retail stores, sports stadiums, employers for many jobs, and is about 1.3 miles to the 110 freeway. This development opportunity offers a tremendous value with healthy upside potential. Please call today to learn all the details behind this incredible opportunity and see all the ways this project can make sense for your investment strategy. Photos are renderings of the plans and are not the actual subject property.
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16BEDS
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0.27ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
We are proud to present this lucrative development opportunity located at 1028 W 102nd Street St in the city of Los Angeles. This is a sizable lot totaling 11,939 square feet lot allowing you to build a total of 8-10 rentable units with a conservatively projected monthly income of $17,600/$211,200k per year respectively. The existing structure has already been permitted and demo'd...one less expense to consider. This project would feature a brand new 8-10 unit building allowing you to take advantage of the city's allowable density bonus. The subject property is ideally located in an area with a high demand for more rental units and has strong market fundamentals. The subject property is a short walk to Vermont Ave or Century Blvd providing future tenants easy access to public transportation. In addition, future tenants will enjoy close proximity of many restaurants, retail stores, sports stadiums, employers for many jobs, and is about 1.3 miles to the 110 freeway. This development opportunity offers a tremendous value with healthy upside potential. Please call today to learn all the details behind this incredible opportunity and see all the ways this project can make sense for your investment strategy. Photos are renderings of the plans and are not the actual subject property. We are proud to present this lucrative development opportunity located at 1028 W 102nd Street St in the city of Los Angeles. This is a sizable lot totaling 11,939 square feet lot allowing you to build a total of 8-10 rentable units with a conservatively projected monthly income of $17,600/$211,200k per year respectively. The existing structure has already been permitted and demo'd...one less expense to consider. This project would feature a brand new 8-10 unit building allowing you to take advantage of the city's allowable density bonus. The subject property is ideally located in an area with a high demand for more rental units and has strong market fundamentals. The subject property is a short walk to Vermont Ave or Century Blvd providing future tenants easy access to public transportation. In addition, future tenants will enjoy close proximity of many restaurants, retail stores, sports stadiums, employers for many jobs, and is about 1.3 miles to the 110 freeway. This development opportunity offers a tremendous value with healthy upside potential. Please call today to learn all the details behind this incredible opportunity and see all the ways this project can make sense for your investment strategy. Photos are renderings of the plans and are not the actual subject property.
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Listing provided courtesy of Bryon Thompson Broker.
Listing information © 2022 San Diego MLS Inc.
Source: CRMLS