2021 S REDONDO

Estimated Monthly Payment: $7,524/mo 2021 S REDONDO, Los Angeles, CA 90016 MLS# 18409988 Residential Income Listing Status: Active Under Contract
5
5
3,920 sqft
22
6
0
0

REMARKS:

Unbelievable development opportunity in prime Mid City Los Angeles! An extraordinary chance to develop Small Five Lot Subdivisions located in the unique CA Opportunity Zone, allowing incredible tax deferment benefits. This property is situated on approximately 10, 000 sqft lot zoned RD2. Highlights include a flat lot with no subterranean or hillside scope of work required. The property will be sold with approved, non-appealable Letter of Intent and Ready to Issue plans with estimated completion date for Feb 2019. Construction documents are currently in process & submitted to LADBS. Re-sell Value of entire subdivision is projected north of $5.5M. Property will also be delivered 100% vacant at close of escrow.

OVERVIEW:

18-409988:CLAW
Residential Income
Active Under Contract
Mid Los Angeles
1941
3920
Garage Is Attached
4
None
None

FEATURES:

None

ROOM INFO:

5
5
5

FINANCIAL:

$1,650,000
$187,200

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Jonny Ahdoot - Keller Williams Silicon Beach

 

01949460 

 

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CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). 

 

Data last updated: 12/18/2018