1517 W 8th Street, Los Angeles CA, 90017
(Active)
$3,995,000
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|
MLS# 24373943
Last Updated: 4/28/2024 10:09 PM
Description for
1517 W 8th Street
Los Angeles, CA 90017
Ultra Efficient RTI Development Site in City West. The Plaza Apartments @ City West, a 60-unit multifamily development opportunity in the Downtown Los Angeles submarket. The project is permit-ready and will be delivered with all reports, plans and approvals to the selected Buyer. Designed with area demand and cost consideration paramount, the project is extremely efficient with an average unit size of approximately 582 square feet and no subterranean parking. The project has been subjected to rigorous underwriting and is conceptualized with an intimate understanding of the market by seasoned local experts. Construction is 7-story type III-A with at- and above-grade parking and approximately 36,000sf of rentable area. A unit mix skewed towards studios and 1-bedrooms meets local demand head-on catering to young professionals and small families looking to live as close to Downtown Los Angeles as possible.
Price
$3,995,000
Los Angeles
24373943
Active
Description
Ultra Efficient RTI Development Site in City West. The Plaza Apartments @ City West, a 60-unit multifamily development opportunity in the Downtown Los Angeles submarket. The project is permit-ready and will be delivered with all reports, plans and approvals to the selected Buyer. Designed with area demand and cost consideration paramount, the project is extremely efficient with an average unit size of approximately 582 square feet and no subterranean parking. The project has been subjected to rigorous underwriting and is conceptualized with an intimate understanding of the market by seasoned local experts. Construction is 7-story type III-A with at- and above-grade parking and approximately 36,000sf of rentable area. A unit mix skewed towards studios and 1-bedrooms meets local demand head-on catering to young professionals and small families looking to live as close to Downtown Los Angeles as possible.
Listing Information
| Property Type: Land, Other | ||
| 0.3 Acres | Assessor | |
Other
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
City
120x107
LAC2
Level
Flat
Driving Directions
North side of 8th St. between Union and Valencia
Financial Considerations
| 5142023015 |
Listing Price History
Los Angeles Real Estate
Los Angeles is located in California. Los Angeles, California 90017 has a population of 3,956,168.
The median household income in Los Angeles, California 90017 is $40,965. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90017 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 3/28/2024 | Active | $3,995,000 USD |
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