Atwater Village SB-8 Exempt RTI Land
Massive (8,961 SF) LARD2 lot 5 minutes from the heart of trendy Atwater Village that will be delivered with RTI plans! This SB-8 EXEMPT, NON RENT-CONTROLLED project has approved plans for 3 new units, a house remodel, and 2 ADU's- which we project will be worth $3.4!
List Price:
Lot Size:
Zoning:
Price/Lot SF:
Existing Bldg:
SB-8:
Tenants:
RTI Plans:
Highlights:
$1,350,000
8,961 sqft
LARD2
$150.65
SFR
Exempt
None
3x new 4 bed units
1x 3 bed house remodel
1x detached 3 bed ADU
1x attached 1 bed ADU
Delivered with RTI plans
SB-8 Exempt
No tenants to relocate
Projected exit price of $3.4m
Estimated rent of $22k/month
Click to View Photos
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Submit your offers now!
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Comes with RTI plans! Get cranking on this profitable project right away!
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SB-8 exempt! A rare opportunity to be able to build without having to offer low income housing.
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Outstanding projected exit price of $3,400,000, making for an estimated profit of $750,000.
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No rent control on the future project!
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No relocations needed!
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Non-tenant occupied!
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Located in the ultra trendy Atwater Village/Glassell Park area!
The Neighborhood
<10-Minute Walk
Eagle Rock Brewery, Forest Lawn, The Boba St., Fletcher Drive Elementary, Irving STEAM Magnet School, WaBa Grill, Kabob Grill, Glassell Park Community Garden, Juntos Family Park, Ribet Academy
<10-Minute Drive
Proof Bakery, Hail Mary Pizza, Verdugo Bar, Lemon Poppy Kitchen, Habitat Coffee, Bon Vivant Market & Cafe, Morihiro, Black Elephant Coffee, Tam O'Shanter, The Morrison, Bigfoot Lodge, Costco, Best Buy
<$10 Uber Ride
Target Eagle Rock, Hilltop Coffe + Kitchen, The Americana at Brand, The Oinkster, Frogtown Brewery, Griffith Park, Whole Foods Market, Paperback Brewing Co, The High Low, Glendale Tap