"Coronado 33". Shovel-ready, 33-unit R.T.I. luxury residential development totaling 18,192-sf. Located one parcel in off of Sunset, nestled conveniently between Echo Park & Silverlake and about a mile from Sunset Junction. Land is currently a 100% cleared empty lot, zoned C2 lot with no legacy structure. Entitled for 33 units with permits approved and ready to be pulled. Over 2 years invested acquiring demo permits and entitlements. The surrounding area is historically protected by high barriers to development. Project is ready to build, RTI. "Coronado 33" is uniquely poised for premium rents and rapid stabilization. This eclectic enclave boasts some of the nation's most lauded nightlife, farmer's markets, a booming arts scene, and one of the largest creative class communities in the country. Silverlake is also home to some of the most avant garde Modernist architecture in North America. Detailed Offering Memorandum available upon request. Plans available after accepted offer.
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