Description
Fourplex or land development opportunity in up and evolving Central City West neighborhood. 1920's California Craftsman with potential for adding units to the site or building a new commercial or multi-family project. Stable cashflow during entitlement process. Opportunity zone. Zimas indicates Tier 2 designation with a 45% increase FAR of at least 3.25%. Each bedroom allocates .5 parking space but no more than 1 space per unit. All buyers to conduct their own site and development investigations and should not rely on this data for investment or future development purposes. Currently 100% leased!
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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3,836SQFT
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$339$/SQFT
School Ratings & Info
Description
Fourplex or land development opportunity in up and evolving Central City West neighborhood. 1920's California Craftsman with potential for adding units to the site or building a new commercial or multi-family project. Stable cashflow during entitlement process. Opportunity zone. Zimas indicates Tier 2 designation with a 45% increase FAR of at least 3.25%. Each bedroom allocates .5 parking space but no more than 1 space per unit. All buyers to conduct their own site and development investigations and should not rely on this data for investment or future development purposes. Currently 100% leased!
Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-13T09:26:57.343. 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 Realty Masters & Associates. Licensed in the State of California, USA.