Atwater Village SB-8 Exempt RTI Land
Massive (8,961 SF) LARD2 lot 5 minutes from the heart of trendy Atwater Village that will be delivered with RTI plans! This SB-8 EXEMPT, NON RENT-CONTROLLED project has approved plans for 3 new units, a house remodel, and 2 ADU's- which we project will be worth $3.4!
3x new 4 bed units
1x 3 bed house remodel
1x detached 3 bed ADU
1x attached 1 bed ADU
Delivered with RTI plans
No tenants to relocate
Projected exit price of $3.4m
Estimated rent of $22k/month
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Submit your offers now!
Comes with RTI plans! Get cranking on this profitable project right away!
SB-8 exempt! A rare opportunity to be able to build without having to offer low income housing.
Outstanding projected exit price of $3,400,000, making for an estimated profit of $750,000.
No rent control on the future project!
No relocations needed!
Located in the ultra trendy Atwater Village/Glassell Park area!
Eagle Rock Brewery, Forest Lawn, The Boba St., Fletcher Drive Elementary, Irving STEAM Magnet School, WaBa Grill, Kabob Grill, Glassell Park Community Garden, Juntos Family Park, Ribet Academy
Proof Bakery, Hail Mary Pizza, Verdugo Bar, Lemon Poppy Kitchen, Habitat Coffee, Bon Vivant Market & Cafe, Morihiro, Black Elephant Coffee, Tam O'Shanter, The Morrison, Bigfoot Lodge, Costco, Best Buy
<$10 Uber Ride
Target Eagle Rock, Hilltop Coffe + Kitchen, The Americana at Brand, The Oinkster, Frogtown Brewery, Griffith Park, Whole Foods Market, Paperback Brewing Co, The High Low, Glendale Tap