Rare shovel-ready multifamily development opportunity in East Los Angeles! Vacant site with RTI-approved
plans for a 25-unit, 4-story multifamily project with roof terrace. Approved plans include 19 / 1-bed 1-bath
units and 6 studios, including 3 designated low-income affordable studios and 22 market-rate units.
Significant entitlement and pre-development work completed, offering developers and… Read More investors a
substantial head start toward construction. Prime location near Boyle Heights, Downtown LA, Lincoln
Heights, Little Tokyo, Arts District, USC/Keck Medical Center, Los Angeles General Medical Center, schools,
shopping, restaurants, transit and major freeways. Current area rental indicators are approximately $2,100–
$2,350 for 1-bedrooms and $1,650–$1,850 for studios. RTI plans and development documents available to
qualified buyers. **LAND-ONLY PURCHASE OPTION **without approved plans for buyers wishing to pursue
their own development concept. "SEE ATTACHED PDF FOR FULL DESCRIPTION" Read Less
Property listed by Regional Real Estate, Maria Moreno 562-207-7449
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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