7,000sf lot zoned R3 / delivered vacant
$1M Seller financing at 7% i/o for 12 months
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This is a RARE 3.5% commission offering!
also, NO PAYMENTS FOR 12 MONTHS while your buyer gets his plans submitted. Property can be rented out for the year for $3k-5k monthly. Currently a boarding house that has 10 bedrooms and charges by the night at $50/night per room.
Buyer can JUST come in with $350k to close escrow.
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NO payments for 12 months |
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build 12-14 units with TOC |
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no relocation costs |
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Expiditor already appointed |
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build 8 units by-right |
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Delivered vacant |
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income while planning |
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feasibility report available |
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| Sq
Ft: |
7000 |
| Asking: |
$1,349,000
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| Address: |
1749 S. La Brea Ave |
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Los Angeles, CA |
| 90019 |
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