4308 Troost Ave, Studio City, CA 91604

Property Description

Once in a lifetime opportunity to own multi-unit land in this premium Colfax Meadows location of Studio City. Los Angeles magazine named Colfax Meadows as one of top 10 best neighborhoods to live in Los Angeles, known for its award winning schools, luxurious shopping and world renowned restaurants. There are currently 3 properties for sale, all lots are contiguous (150x133), and listing agent represents 4308-10 Troost and 4302 Troost. There are a possible 13 luxury apartments, condos or small lot homes that could be built with the purchase of all 3 lots. The location of these lots are A++, they are in the middle of the block, not on a major Blvd. or street. All parcels currently have structures on them. With vacancy rates at all-time lows and the demand for Studio City having no end in sight, the savvy investor or builder can't ignore this amazing offering. The property is being sold for land vale only but the property does have 2 homes on it (4308/4310 Troost) which are currently tenant occupied, please do not disturb. Buyers are encouraged 2 do all their due diligence with the City of Los Angeles regarding zoning, building requirements or restrictions and LA Rent stabilization/HCIDLA guidelines prior to writing offers. See agent comments for more info.