Development Opportunity in Prime Los Angeles – RTI for 17 Units!
Unlock the full potential of this prime Los Angeles property! Currently a single-family home, this site comes RTI (Ready to Issue) with approved plans for 17 units — all that’s left is to pull the permits and start building. Located in a high-demand area of L.A., this is a rare, shovel-ready opportunity for investors and developers seeking a fast-track, high-yield multifamily project.
RTI – Save time and money
Approved for 17 units. These have 11 units with 1 bedroom/ 1 bath & 6 Units with 2 bedroom & 2 bath. Total of 23 Bedroom & 23 Bath.
Ideal for multifamily development
Strong rental demand in surrounding area
Convenient access to transit, shops, dining, and more
Prime area near USC, Lucas Museum of Narrative Art, BMO Stadium
Whether you're expanding your portfolio or breaking ground on your next signature project, this property offers the kind of entitlements and location that make for a winning investment.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $1,449,000 | $109 | Century 21 A Better Service |
Senior High School Manual Arts Senior High | 0.3 miles away | 09 - 12 | |
Elementary School Normandie Avenue Elementary | 0.5 miles away | KG - 05 | |
Elementary School Menlo Avenue Elementary | 0.6 miles away | KG - 05 |