4117 N Mission Road, Los Angeles, CA 90032
List Price: $1.2M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1952
Lot Size: 13,510 sq ft
MLS Number: MB26121326
About This Property
MISSION LOFTS – 22-UNIT MULTIFAMILY DEVELOPMENT OPPORTUNITY. Rare opportunity to acquire a three-parcel assemblage totaling approximately 13,510 SF in Northeast Los Angeles. The property includes plans for a proposed 22-unit multifamily apartment development featuring contemporary architecture, three stories over subterranean parking, and approximately 31,458 SF of proposed building area. The project is a Density Bonus development with plans reportedly approximately 70% complete. Survey, geotechnical work, architectural plans, site plans, floor plans, elevations, and development studies have been completed. Proposed unit mix includes studios, one-bedroom, two-bedroom, and three-bedroom units with 29 subterranean parking spaces. Strategically located near Los Angeles General Medical Center, USC Health Sciences Campus, Cal State LA, Downtown Los Angeles, major employment centers, public transportation, and regional freeways. The surrounding Northeast Los Angeles corridor continues to benefit from public and private investment, new residential development, healthcare expansion, and urban infill growth. Ideal opportunity for developers, builders, and investors seeking a substantially advanced multifamily development project in a supply-constrained Los Angeles submarket. Buyer to independently verify all information, zoning, development potential, approvals, plans, reports, permits, and entitlements.
Listing provided by: HAGOP YAPOUJIAN DRE #01005112 323-724-0000 HAGOPRHR@EARTHLINK.NET, HYNET REALTY
Source: CRMLS