1420 S Point View Street, Los Angeles, CA 90035
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Listed Price :
$3,500,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
Property Description
We are thrilled to present a prime development opportunity at 1420 S Point View St, Los Angeles, CA. This project is ready for immediate construction, as the plans have been fully approved and are RTI (Ready to Issue). The previous structure on the lot has already been demolished, allowing for a swift construction start date. The approved plans outline the development of 28 apartment units, totaling 30,115 square feet of gross building area. The proposed design includes 3 studio/one-bath units, 6 one-bedroom/one-bath units, and 19 two-bedroom/two-bath units, with three apartments designated for extremely low-income tenants.1420 S Point View St is located in Pico-Robertson neighborhood of Los Angeles, which has an average household income of nearly $117,000 within a one-mile radius, highlighting its appeal to high-earning renters. This location is surrounded by a diverse range of restaurants, nightlife, and shopping options. It is just a short drive from attractions such as LACMA, The Grove, and The Farmers Market. The area is rated as "Very Walkable" by Walk Score, and easy access to the 10 Freeway makes commuting around Los Angeles convenient.
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Listing Information
Address |
1420 S Point View Street |
City |
Los Angeles |
State |
CA |
Zip |
90035 |
County |
Los Angeles |
Listing Agent |
Filip Niculete DRE #01905352 |
Co-Listing Agent |
Glen Scher DRE #01962976 |
Courtesy Of |
Marcus & Millichap |
List Price |
$3,500,000 |
Status |
Active |
Type |
Land |
Structure Size |
N/A |
Lot Size |
9,352 |
Listing information courtesy of: Filip Niculete, Glen Scher, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 14th, 2024 at 11:11 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.