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    1322 Maryland St

    Los Angeles, CA 90017
    • $1,650,000
    • STATUS: Active
    • ON SITE: 173 days
    • ID#: 20-544870
    UPDATED: 43 min ago
    $1,650,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Priced to sell fast. 40 unit By Right or 62 unit TOC development opportunity located in the quickly gentrifying Westlake area bordering Downtown Los Angeles. The project consists of 62 Residential units. The unit mix for the project is 46: Single + 1 Bath, 9: 1 Bed + 1 Bath and 2 2 Bed + 2 Bath units with two levels of parking. Another option for a developer is to build the project in a quicker timeframe going By Right to build 40 units with one level of parking. The property is designated as a Walkers Paradise with a score of 91 and is in close proximity to Downtown Los Angeles, and many places of employment and entertainment. Along with walkability the property is also considered a Riders Paradise with an amazing 99 Transit Score. This project is currently going thorough entitlements and allows a buyer to get a huge head start on achieving RTI. The property may also be delivered vacant.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-13T17:42:46.863. 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.
    www.randyplaice.com/homes/102465343
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    1322 Maryland St Los Angeles, CA 90017

    • Price: $1,650,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: 20-544870
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    Priced to sell fast. 40 unit By Right or 62 unit TOC development opportunity located in the quickly gentrifying Westlake area bordering Downtown Los Angeles. The project consists of 62 Residential units. The unit mix for the project is 46: Single + 1 Bath, 9: 1 Bed + 1 Bath and 2 2 Bed + 2 Bath units with two levels of parking. Another option for a developer is to build the project in a quicker timeframe going By Right to build 40 units with one level of parking. The property is designated as a Walkers Paradise with a score of 91 and is in close proximity to Downtown Los Angeles, and many places of employment and entertainment. Along with walkability the property is also considered a Riders Paradise with an amazing 99 Transit Score. This project is currently going thorough entitlements and allows a buyer to get a huge head start on achieving RTI. The property may also be delivered vacant.
    Exterior Features

    Lot Size Area 8111 View Description Other View YN Yes

    Property Features

    Cable YN Yes Hoa Fee1 0.00 Sale Type Standard Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Zoning Lacw

    Listing provided courtesy of Jon Emrani DRE#01427038 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-13T17:42:46.863. 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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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355