305 N BOYLSTON

LOS ANGELES, 90012
RTI to build 29-Unit, 7-Story Building on a 7,500 SF LACW lot

ASKING PRICE | $2,250,000

CURRENT
PROPERTY
TYPE
LOT SIZE
DELIVERED
ZONING
DUPLEX (1,072 SF)
7,500 SF
VACANT
LACW/R4
RTI PLANS
TO BUILD
1 BD/1 BA
2 BD/1 BA
2 BD/2 BA
TOTAL
16 UNITS
6 UNITS
7 UNITS
29 UNITS
P.O BOX, ROOFTOP, PARKING

Huge development opportunity to purchase this 1,072 SF Duplex sitting on a 7,500 SF LACW Lot with RTI plans to build a 29-Unit Building atop a hill overseeing the DTLA skyline in Angelino Heights/Echo Park. The project calls for a 7-story building; 6 of which are residential, 1 for parking (1st floor), 1 basement level for additional parking, and a sprawling rooftop deck common area. Income will include rents from (16) 1 Bed/1 Bath units, (6) 2 Bed/1 Bath units, (7) 2 Bed/2 Baths units and a P.O Box Storage area that will generate substantial extra monthly income.

The project is TOC Tier 1 approved. Plans delivered per request. Seller is taking care also of paying for survey and geotechnical investigation. The current duplex will be delivered vacant at close of escrow.

Download the Offering Memorandum
Financial Analysis
Investment Breakdown
Set-Up Sheet
Comparables
Photos
Renderings
Plans
Trade Area Overview
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Contact Dan & Yohann about 
305 N Boylston!

310.623.1310 | dan@ikonadvisors.com
310.923.1550 | yohann@ikonadvisors.com

Interested in this property?

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Dan Malka | CALDRE #02140446

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Yohann Bensimon | CALDRE #01966630