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128 S Madison Avenue
USD 1,499,000
Property ID: 25532205
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128 S Madison Avenue ,90004
icon Land
icon 6242 SqFt
icon Built in 0001
icon USD 240/SqFt
icon 0 Bed
icon 0 Full
icon --
icon --
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Location
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
0
Construction Details
Property Type Land
Property Condition --
Architectural Style --
New Construction --
Year Built 0001
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Detailed Introduction Of This Home
Amazing Development Opportunity in Prime Mid-Wilshire area Adjacent to Silver Lake. This exceptional investment opportunity comes with submitted plans for a 13-unit apartment building allowing a savvy investor or developer to save money and time on acquiring the RTI plans. The architectural plans feature 10 spacious 1-bed/1-bath units, 3 premium 2-bed/2-bath units, and 2 recreation rooms, with a total Gross Building Area of 12,600 sqft and Gross Living Area of 7,700 sqft. Additionally, the project qualifies for both the ED1 and CHIP offering significant time and cost-saving development benefits. All the architectural and engineering fees have been paid. The house is currently furnished and rented on month to month basis colleting approximately $4000/month. It can be delivered both vacant or with tenant, allowing an investor to collect rent while working toward RTI. Located just moments from Metro stations, vibrant nightlife, dining, and cultural landmarks, this property sits in one of L.A.'s strongest rental markets.
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Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (18)
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128 S Madison Avenue
USD 1,499,000 0 Beds
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