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715 E 41st Pl, USC Adj

USC Adj. RTI Land

USC/Expo Park Adj. SB-8 EXEMPT, NON-RENT CONTROLLED, 7,320 square foot flat lot delivered with RTI plans for a fourplex featuring one 6B/6B SFR (with 1st floor flex room with private access), one 3B/3B ADU, and two 4B/4B townhomes with ADU potential!

The Important
Details

List Price:

Property Type:

Status:

# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

Bldg. SF:

Lot SF:

$/SF:

$/Unit:

Unit Mix:

Opportunity Zone:

Parking:

Other Features:

$950,000

RTI Land

Pre-Market

4

2023

N/A

N/A

N/A

7,300 sqft

7,320 sqft

$129.78

N/A

1 x 6b/6b SFR, 1 x 3b/3b ADU, 2 x 4b/4b

No

1 Garage Spot, 5 Exterior Spots
(3 Permitted/2 Bonus)

SB-8 Exempt, Non Rent Controlled, Flat Lot

The Highlights

  • No rent control on the future project!

  • Delivered RTI!!! Get ready to build ASAP.

  • SB-8 EXEMPT!

  • Huge (7,320 SF) flat lot, ideal for a new construction project. Minimal land inventory of this size on the market.

  • Already demolished- saving money on demo costs!

  • Expertly designed plans that will be cost-effective to build. No steel beams, two-way cantelievers, non-aligning interior framing, etc. Massive cost savings.

  • There are 3 large flex rooms (450 sf+ ) with a private entrance and yard space. These rooms will generate additional rental income for the buyer.

  • 9 legal parking spaces, plus 1 bonus spot: a whopping 10 spots!

  • Large Bedrooms designed for students: All units have bedroom sizes of 10' x 12' minimim that can accommodate both a queen size bed and a computer desk.

  • All units, including the flex rooms, have large usable private open spaces.

  • No relocations needed! Non-tenant occupied!

  • Located minutes from USC & Exposition Park.

  • A mix of large 6, 4 and 3 bedroom units, meaning maximum income.

The Neighborhood

<15-Minute Walk

Gilbert Lindsay Recreation Center, Cafe Calle, Bill's Taco House, Sonsonate Grill, Mother's Nutritional Center, Pizza Loca, Mi Bandera Pupusería, Harmony Elementary School, Gus Jr #1, McDonald's, Delicious at The Dunbar, KFC,

<15-Minute Drive

USC Campus, Trader Joes, Target, Rock & Reilly’s, USC Village, Study Hall, McKay’s, Greenleaf Kitchen & Cocktails, Moreton Fig, CAVA, Giardino Ristorante, The Lab Gastropub, Stout Burgers & Beers, Honeybird, Rosso Oros Pizzeria, City Tacos

<$15 Uber Ride

USC Campus, Trader Joes, Target, Rock & Reilly’s, USC Village, Study Hall, McKay’s, Greenleaf Kitchen & Cocktails, Moreton Fig, CAVA, Giardino Ristorante, The Lab Gastropub, Stout Burgers & Beers, Honeybird, Rosso Oros Pizzeria, City Tacos

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Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

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