1851 Barry Ave, Los Angeles, CA 90025

$6,999,000 total for both lots. Rare Offering! Property to be fully approved, RTI (ready to issue permits) for 8 four story, rooftop deck with elevator access Single Family Dwellings on this almost 13,000 square-foot double lot with alley access. Perfect for a builder, developer, and/or owner-user, this property is situated on a quiet tree-lined street, steps away from a Target, an incoming Whole Foods, and multiple restaurants and stores in the vibrant Sawtelle neighborhood. A rare opportunity to build a project like this and skip the SB330 hassle and build 8 single family dwellings located in the center of one of the hottest sub-markets in Los Angeles, where newly-developed townhouses are selling above $2.5M+. The property consists of two neighboring lots, one measuring 6,460 square feet (1855 Barry Avenue) and the other measuring 5,941 square feet (1851 Barry Avenue). The existing structure on 1855 Barry Avenue consists of a single family, 4 bedroom/4 bedroom house, with an apartment in the back. The existing structure on 1851 Barry Avenue consists of a 2,728 square foot single family 4 bedroom/3 bathroom house, with a 2 bedroom/1 bathroom apartment in the back. Both properties are to be delivered vacant with fully-approved, ready to issue permits to Buyer at Closing.