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3119 Andrita St

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!

List Price:
Lot Size:
Zoning:
Price/Lot SF: 
Existing Bldg:
SB-8:

Tenants:
RTI Plans:



Highlights:

$1,350,000
8,961 sqft
LARD2
$150.65
SFR

Exempt
None
3x new 4 bed units
1x 3 bed house remodel
1x detached 3 bed ADU
1x attached 1 bed ADU
Delivered with RTI plans
SB-8 Exempt
No tenants to relocate
Projected exit price of $3.4m
Estimated rent of $22k/month

Click to View Photos

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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!

  • Non-tenant occupied!

  • Located in the ultra trendy Atwater Village/Glassell Park area!

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The Neighborhood

<10-Minute Walk

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

<10-Minute Drive

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