$2,300,000
BEDS
3
BATHS
4.0
SQFT
--
ACRES
0.20
MLS # SB23055620, Listed by Buckingham Investments, Inc
1619 S St Andrews Place is a $2,300,000, 3 bedroom, 4.0 bath home on a 0.20 acre lot located in Los Angeles, CA.
Seller’s Description
8,920 square foot lot with 4-unit MFR structure to be delivered with permits ready to issue (RTI) plans for 23 residential units. Excellent location on a quiet residential street in the high demand Arlington Heights neighborhood of Mid-City Los Angeles. SB-8 exempt. Developer-friendly parking configuration with 12 first level covered spaces and bike storage (no subterranean parking). Strong deal economics with a projected exit value of $9,500,000 and 16,824 finished square feet. Attractive IRR possible through immediate ability to start construction after close. 4-Unit multi-family existing property allows for attractive purchase financing.
Features
INTERIOR
| Brokerage Attribution Contact | 310 982-7055 |
EXTERIOR
| Exterior Features | N/K |
PROPERTY
| Property Type | Income |
| Style | Style 20 |
| HOA Fee | $98,762.00 |
| County | los angeles |
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