Multi-Family Development opportunity in Studio City neighborhood. R3-1 Zoned Lot 13,512sq ft. The existing use is two SFRs that will be delivered vacant. RTI (Ready To Issue) 23+5 ADUS (2 affordable), fully parked project to be ready by year-end. It can be purchased RTI or bought for land value. Perfect for an ED1 project, Section 8 "Small Area Fair Market Rents" is $2,520 for one bedroom Sec 8 Voucher. Make an offer.
Courtesy of , Paul Schon - CA DRE#
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