Property Description

Fully Entitled RTI 15-Unit Development Site. New 4-story, 15 unit apartment building over on-grade parking garage utilizes by-right density bonus per LAMC 12.22A.31 Tract No. 3018, Lots 15 & 16. Requirement to provide 2 affordable units. $93,000 per developable unit, $166 per foot for the land. Very close to the new metro line coming down Van Nuys Blvd. Majority two bedroom units.

ESSENTIAL INFO

• Status: Active