East Hollywood
RTI Land
Large (7,821 square foot) SB-8 EXEMPT LARD1.5 lot in highly walkable East Hollywood, moments to the Sunset Target, Netflix, and more! Delivered with RTI plans for a 5-unit made up of a 4b/4b SFR, two 4b/4.5 townhome-style units, and two 4b/4b townhome-style units. Upon completion of the construction, we project an exit price of $3,995,000- making for an estimated profit of $777,950. Build and sell or build and hold with a projected monthly rent of $23,200!
List Price:
Lot Size:
Zoning:
Price/Lot SF:
Existing Bldg:
SB-8:
Tenants:
RTI Plans:
Highlights:
$1,575,000
7,821 sqft
LARD1.5
$201.38
Vacant Fourplex
Exempt
None
1x 4b/4b SFR
2x 4b/4.5b
2x 4b/4b
Delivered with RTI plans
SB-8 Exempt
No tenants to relocate
Projected exit price of $3.995m
Estimated rent of $23,200k/month
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Submit your offers now!
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Comes with RTI plans! Get cranking on this profitable project right away!
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SB-8 exempt! A rare opportunity to be able to build without having to offer low income housing.
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Outstanding projected exit price of $3,995,000, making for an estimated profit of $777,950.
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If you build and hold, you are saving close to $950,000 off retail price!
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No relocations needed!
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Non-tenant occupied!
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Located in highly walkable East Hollywood, walking distance to the Sunset Target, Netflix, and more!
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A 5-7 minute drive to the countless studios nearby, such as Paramount, Sunset Bronson Studios, Netflix, Raleigh Studios and more.
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A few minute drive to central Hollywood, Silver Lake, Virgil Village and Los Feliz.
The Neighborhood
<10-Minute Walk
Sunset Blvd, Lolo Wine Bar and Restaurant, Fountain Theatre, Starbucks, Jitlada, Sunset Center, Third Wheel Comedy, Zankou Chicken, LA Rehearsal and Recording
<10-Minute Drive
Sunset Target, Paramount Studios, Netflix, Sunset Bronson Studios, The Dome Entertainment Centre Barnsdall Art Park, Hollywood Forever, Children's Hospital Los Angeles
<$10 Uber Ride
Hollywood & Highland Center, Hollywood Walk of Fame, El Cid, Sunset Junction, Los Angeles City College, Virgil Village, La Poubelle, Hollywood Hills