Currently, these 2 adjacent parcels are improved with operating 6 & 8 unit apartment buildings thatapproximately earn $173,138 annually. With potential to build approximately 38 units, underconservative assumptions (not counting density bonus). Using density bonus incentives, unit countcould increase to 58 units. KW Pasadena and Seth Polen make no representations or warrantiesas to the number of units able to be built on the site. Buyer to conduct own investigation with theCity of Los Angeles concerning any and all entitlements.
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