Skip To Content

1517 W 8th Street

Los Angeles (City), CA 90017
  • $3,750,000
  • STATUS: Active
  • ON SITE: 170 Days
  • ID#: 24373943
UPDATED: 220 min ago
$3,750,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Adam Peterson of CB Richard Ellis, Inc. ()


Description

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.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-15T00:29:10.297. 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 deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.
www.steelecanyonrealty.com/homes/148992155
Print Image

1517 W 8th Street Los Angeles (City), CA 90017

  • Price: $3,750,000
  • Status: Active
  • On Site: 170 Days
  • Updated: 220 min ago
  • ID#: 24373943
0
Beds
0
Baths
0
½ Baths
0.3
Acres
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
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.
Exterior Features

Lot Features Flat Parking Total 0 Topography Level View City Lights View YN Yes

Property Features

Additional Parcels YN Yes Association YN No Buyer Financing Cash Listing Agreement Exclusive Right To Sell Listing Service Full Service New Construction YN No Possession Close Of Escrow Senior Community YN No Sewer Other Special Listing Conditions Standard Zoning LAC2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-15T00:29:10.297. 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 deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372563815-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372563815-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372563815-2.jpg
Logo
Steele Canyon Realty
9340 Fuerte Drive, Suite 203
La Mesa CA, 91941
Listing Agent(s): Adam Peterson of CB Richard Ellis, Inc. ()