Prime Sunset 77 Unit Rti Apartment Development Site In Los Angeles CA
1275 Sunset Boulevard, Los Angeles, CA
ASKING PRICE $6,750,000 + 3% fees
Pro Forma Cap Rate : 6.19%
Lot Area: 20,205.8 sqft
Price Per Sqft: $119.82
New superior development project located at 1275 Sunset Boulevard, LA. Echo Park offers a developer/investor the superior opportunity to acquire a nearly shovel ready (RTI) project, (*by closing) eliminating entitlement risk, significantly reducing carrying costs and future building cost escalation risks to close then get straight to a path of development and profit.
BUYER TO PERFORM ALL DUE DILIGENCE! GET YOUR OFFERS IN TODAY!!!!