4117 N Mission Road,Los Angeles, CA 90032
Los Angeles, CA 90032
Description
MISSION LOFTS - 22-UNIT MULTIFAMILY DEVELOPMENT OPPORTUNITY. Rare opportunity to acquire a three-parcel assemblage totaling approximately 13,510 SF in Northeast Los Angeles. The property includes plans for a proposed 22-unit multifamily apartment development featuring contemporary architecture, three stories over subterranean parking, and approximately 31,458 SF of proposed building area. The project is a Density Bonus development with plans reportedly approximately 70% complete. Survey, geotechnical work, architectural plans, site plans, floor plans, elevations, and development studies have been completed. Proposed unit mix includes studios, one-bedroom, two-bedroom, and three-bedroom units with 29 subterranean parking spaces. Strategically located near Los Angeles General Medical Center, USC Health Sciences Campus, Cal State LA, Downtown Los Angeles, major employment centers, public transportation, and regional freeways. The surrounding Northeast Los Angeles corridor continues to benefit from public and private investment, new residential development, healthcare expansion, and urban infill growth. Ideal opportunity for developers, builders, and investors seeking a substantially advanced multifamily development project in a supply-constrained Los Angeles submarket. Buyer to independently verify all information, zoning, development potential, approvals, plans, reports, permits, and entitlements.
Details
| MLS # | MB26121326 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 80 |
| Listing Provided By | HYNET REALTY | HAGOP YAPOUJIAN |
Features
| SQ Feet | 1,314 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 2 |
| Zoning | [Q]C2-1 |
| Acreage | 0.31 |
Exterior
| Lot Features | Corner Lot, Near Public Transit, Rectangular Lot, Value In Land |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90032 |
| Area | 621 El Sereno |
| Listing VS Median (in 90032) | |
Price: $999,999 low | high Med: $1,099,500 sqft: 1,314 low | high Med: 3,021 $ / sqft: $761 low | high Med: $364 On site: 80 low | high Med: 187 | |
Market Activity 90032
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90032 |
| Area | 621 El Sereno |
| Listing VS Median (in 90032) | |
Price: $999,999 low | high Med: $1,099,500 sqft: 1,314 low | high Med: 3,021 $ / sqft: $761 low | high Med: $364 On site: 80 low | high Med: 187 | |
