1915 Nadeau Street,Los Angeles,Los Angeles,Land

Property Description

Shovel Ready RTI Status in hand! Fully approved plans! Building Permits Ready To Issue. This project current has Approved MEP (mechanical, electrical and plumbing), Approved Solar plan, Edison electrical service design- in progress, Approved water utility connection design including Sewer line service connection -in progress, fire sprinkler design- seller paid deposit- design in progress, approved and completed grading and compaction process. Consisting of 10 Residential Rental Units. This Project was approved without any low-income requirements, meaning that fair market rent can be charged! The land has gone through the required soil re-compaction and grading process and now is ready to start the building foundation. This project is FULLY RTI! The design consists of 10 Apartments: (6) 3+3, (2) 2+1, (2) 1+1. Each unit is planned with its own laundry inside the unit! The unit mix, spacious floor plan and inside-unit laundry is specifically planned to maximize tenant retention and minimize turnover. 11,964 sq. ft. including balconies: 3+3-unit feature 1,374 sq.ft., 2+2 units feature 1,044 sq. ft., 1+1 units feature 540 sq.ft. The seller has initiated and paid for most of the needed services to complete this project in record time. Call for details