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For Sale

$899,999

13,508 sqft$67/sqft151 days on market

4117 N Mission Road

Los Angeles, CA 90032

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

13,508

Square feet

1952

Built

Listing narrative

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.

Listing agent (MLS): HAGOP YAPOUJIAN · Listing brokerage (MLS): HYNET REALTY

Property Details

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Price

$899,999

Beds

Beds n/a

Type

Commercial

MLS subtype

Mixed Use

Home Size

13,508 sqft

Baths

Baths n/a

Lot Size

0.31 acres

Year

1952

Status

For Sale

Days on Market

151

$ / Sqft

$67

· 8% down, 7% APR, 30yr fixed
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Courtesy of HYNET REALTY