1517 W 8th St Los Angeles CA MLS #24-373943

1517 W 8th St
Los Angeles, CA,
$3,995,000
Beds
0 Baths
SqFt
0.3 Acres
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Ultra Efficient RTI Development Site in City West. The Plaza Apartments @ City West, a 60-unit multifamily development opportunity in the Downtown Los Angeles submarket. The project is permit-ready and will be delivered with all reports, plans and approvals to the selected Buyer. Designed with area demand and cost consideration paramount, the project is extremely efficient with an average unit size of approximately 582 square feet and no subterranean parking. The project has been subjected to rigorous underwriting and is conceptualized with an intimate understanding of the market by seasoned local experts. Construction is 7-story type III-A with at- and above-grade parking and approximately 36,000sf of rentable area. A unit mix skewed towards studios and 1-bedrooms meets local demand head-on catering to young professionals and small families looking to live as close to Downtown Los Angeles as possible.

Property Details

Price:
$3,995,000
MLS #:
24-373943
Status:
Active
Baths:
0
Address:
1517 W 8th St
Type:
Land
Neighborhood:
downtownla
City:
Los Angeles
Listed Date:
Mar 28, 2024
State:
CA
Lot Size:
12,889 sqft / 0.30 acres (approx)
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