Los Angeles (City), CA 90026
1346 W Court St is a Silverlake/Downtown LA adjacent 43-unit apartment building development site, sold Ready to Issue! All units will be market-rate. RTI is for a 4-story building over semi-subterranean parking with common decks at the podium. The proposed building will have sweeping views of Downtown LA's skyline and will consist of 5 studio apartments, 22 one-bed/one-bath apartments, 8 two-bed/one-bath apartments, and 8 two-bed/two-bath apartments. Asking only $77 per buildable square foot and $81K/buildable door. Also for sale is 1301 Colton St, a 29-unit site located one block away -- the two sites can be sold individually or together. Seller is motivated and ready to make a deal on these parcels.
Oron Maher with BRC Advisors
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