Prime Development Opportunity – Plans for 24 Units Nearly RTI! Unlock the potential of this exceptional development site with LAR3 zoning and approved plans in progress to build a 5-story, 24-unit apartment building under Type V-B construction. This project is nearly RTI (Ready to Issue)—a rare and strategic opportunity… Read More for immediate equity growth. Each unit is thoughtfully designed as a 1-bedroom, 1-bathroom with private balconies and trash chutes on every floor, aligning with affordable housing initiatives. With no parking requirements, the project maximizes building efficiency and profitability. As an added value, city approval has already been granted to modify the plans and increase the unit count from 24 to 30 units, allowing even greater upside potential. (Note: Units would be slightly smaller.) Located in a prime, high-demand area, this offering is perfect for savvy developers looking to break ground with minimal delay. Don’t miss out on this rare opportunity—contact us today for more details and to schedule a property tour! Buyer to independently verify all information. Read Less
Listing Snapshot
Days Online
36
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,166
Lot Size
0.15 Acres
Year Built
1925
MLS Number
SR25146607
30 Days Snapshot Of 91411
$1.30M
-12%
(avg) sold price
6
+100%
homes sold
77
+67%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1925, Levels: One, Living area: 1166, 1 story, Common walls: NoCommonWalls
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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