Address
329 S Bonnie Brae Street Los Angeles, CA
Price
$ 2,395,000
Property Attributes
- MLS#21675064
- TypeIncome
- CountyLOS ANGELES
- CityLos Angeles
- AreaDowntown L.A.
- Zip90057
- Style
- Price$ 2,395,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage21989
- Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Alex Shin with Keller Williams Downtown LA.
Property Description
RTI 30-Unit Development site in one of the hottest up and coming Opportunity Zones of North Westlake, just south of Silverlake with views of Downtown Los Angeles and Koreatown skylines. Existing 4plex is deliverable VACANT at no cost to Buyer and NEVER before seen pricing of $80,000 per unit!! R4 zoning with a TOC III Density Bonus of 70% /w alleyway access and faces 4th St which provides a clear view of the World-Renowned Downtown Los Angeles Skyline. Plans call for a 6-story apartment with 3 dedicated low income units, rootftop access with views of Downtown, 1 level subterranean parking with 1 on-grade level parking. Once built and fully stabilized, subject property will command great demand given the location pulling in renters from Koreatown to the West, Silverlake to the North, USC to the South, and DTLA to the East. Great location to get grant money and low income credit to build low income affordable housing.
| Price History | |
|---|---|
| 1/4/2021 | Listed $2,395,000 |
General Features
| Cooling | None |
|---|---|
| Directions | Located between Koreatown, Downtown Los Angeles, and Silverlake, in the renter-heavy Westlake neighborhood |
| Heating | None |
| Listagentaor | Beverly Hills/Greater LA |
| Listing Agent | Alex Shin - BRE#02106720 |
| Listing Agent State License | 02106720 |
| MLS Area | C42 - Downtown L.A. |
| Parking Features | None |
| Price Per Square Foot | 108.92 |
| Source System | CRMLS |
| Special Listing Conditions | Standard |
| Total Units | 4 |
| Zoning | LAR4 |
Exterior Features
| Building Area Total | 21989.00 |
|---|---|
| Lot Size Acres | 0.1700 |
| Lot Size Area | 7513.0000 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 7513.00 |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 90057
Price
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of January 15, 2021 12:24 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
