LAC2 Zoning. 80 Ft x 95 Ft. Started RTI Process for 18 Units Residential Building. 15 x Studios, 1 x 1 Bedroom, 2 x 2 Bed 1 Bath. 2 units are designated as low-income units. Expected Gross Rent Income of $403,200. Cap Rate 4.7 = $6,000,000 price tag. Great Up & Coming Area. Corner lot for ease Construction. SELLER MAY SELL PRIOR TO RTI WITH DISCOUNT. ONCE IN A LIFETIME OPPORTUNITY!!
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