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RTI + SB8 Exempt Development Opportunity to Build 4 Townhomes in El Sereno, Los Angeles | Pasadena, Highland Park adjacent 5306 Oakland St Los Angeles,CA 90032 RTI + SB8 Exempt Development Opportunity to Build 4 Townhomes in El Sereno ASKING PRICE | $1,395 ,000 CURRENT PROPERTY TYPE LOT SIZE DELIVERED ZONING PRICE Vacant SFR 7,099 SF Vacant w/ RTI Plans LARD1.5 $1,395,000 PLANS TO BUILD UNIT #1 UNIT #2 UNIT #3 UNIT #4 4 BD/4.5 BA 4 BD/4.5 BA 4 BD/4.5 B A + 2-Car Garage 4 BD/4.5 B A + 2-Car Garage We are excited to present this RTI development opportunity in El Sereno. Currently on the massive 7,099 SF LARD1.5 lot stands a 3-bedroom 2-bathroom single family home spanning 1,432 SF and a detached 2-car garage just one lot from the corner with alley access. Approved plans call for the demolition of the existing structure to build four new 4-bedroom townhome style units distributed across nearly 10,000 SF of building space. All floor plans feature 4.5 bathrooms, in-unit washer/dryer, bedroom balconies, open concept kitchen/living/dining rooms, and 2 parking spaces. Furthermore, SB8 clearance is on hand verifying that no replacement units are required for the future development. This pocket of El Sereno is the perfect home for multifamily developments as such boasting strong connectivity to major hubs such as the Cal State LA campus, Downtown Los Angeles, Pasadena, and Alhambra. Request Info View More Listings Contact Yohann about 5306 Oakland St! 310.923.1550 | yohann@ikonadvisors.com Yohann Bensimon | CALDRE #01966630 Call Yohann Email Yohann Interested in this property?

5 Unit Multifamily Income Property in West Hollywood, Los Angeles CA 1038 N Crescent Heights Blvd LOS ANGELES, 90046 5-Unit Multifamily Income Property in West Hollywood 11 BEDS 7 BATHS $2,776,000 PRICE 6,551 SF WDR3C LOT 4,304 SF PROPERTY FINANCIALS SALES PRICE PRICE PER SF CAP RATE CAP RATE PRO FORMA GRM GRM PROFORMA GROSS INCOME GROSS INCOME PRO FORMA $2,776,000 $644.98 4.86% 6.50% 15.22 12.25 182,628 $226,800 For a full financial breakdown, please browse the Offering Memorandum Package PDF by clicking below. Offering Memorandum Ikon Advisors is pleased to present 1038 N Crescent Heights Blvd, a 5-Unit, value-add investment property in Prime West Hollywood. The building features (1) 5 Bed/2 Bath, (1) 2 Bed/1 Bath, and (2) 1 Bed/1 Bath units plus a 2 Bed/2 Bath newly-created 2022 ADU. Both the 5 Bed and 2 Bed units are newly-renovated with new A.C & heating, electrical, plumbing, flooring and appliances. The ADU has also just completed conversion with new walls, AC, electrical, plumbing, flooring and stainless steel appliances. All renovations have been beautifully done with high quality materials and finishes. Investor will enjoy a high demand rental in the sought-after, active & trendy West Hollywood District. Renters will enjoy unmatched, easy access to daily essentials and the epicenter of dining & nightlife in L.A. With a walking score of 95 and an overwhelming sense of community, this pocket of L.A proves the most desirable to today's renters. (View the offering memorandum for rent rolls and financials.) Offering Memorandum Request Info View More Listings INTERIOR YEAR BUILT FLOORING APPLIANCES OTHER INTERIOR FEATURES 1938, 2022 ADU Laminate Wood Floors Washer/Dryer, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven Washer, Refrigerator Two units newly renovated w/ updated finishes EXTERIOR STORIES YARD AIR CONDITIONING PARKING 2 Manicured landscaping Central Air & Heat & Wall Units 4 Spaces Uncovered, Onsite, Private A full service, Los Angeles based real estate agency. Contact Yohann about 1038 N Crescent Heights Blvd! 310.923.1550 | yohann@ikonadvisors.com Yohann Bensimon | CALDRE #01966630 Call Yohann Email Yohann Interested in this property?

< Back 257 South Park View St Sold $1,200,000 257 South Park View St 257 S Park View St, Los Angeles, CA 90057, USA RTI Development Opportunity to Build 4 Townhomes w/ an ADU in Westlake THE QUICK FACTS BEDROOMS 26 BATHROOMS 19 LOT SIZE (SF) 6765 GROSS BUILDING SF 8000 ABOUT 257 South Park View St YEAR BUILT Now presenting, 257 S Park View St, a ready-to-issue (RTI) development opportunity on a quiet residential street primely located in Westlake, a burgeoning neighborhood nestled between some of LA's liveliest hubs. Tucked right in the center of Downtown LA, Koreatown, Echo Park, and Silverlake, this future development is guaranteed to quickly yield happy renters. The 6,765 SF lot is zoned LAR3 permitting a building height of up to 39 FT plus SB8 clearance is on hand confirming that no low-income replacement units are required, further demonstrating the major upside on the property. The RTI plans call for the demolition of the existing structure to build four townhomes with rooftop decks and one ADU for a total of 5 units, 17 bedrooms and 17 bathrooms totalling approx. 8,000 SF of living space. Currently on the lot is a vacant 1,284 SF 3-bedroom, 1.5-bathroom single family home with a detached shed. Additionally, the perimeter of the lot is lined by 15-foot bamboo providing tranquil ambience and built-in privacy. The planned development boasts townhomes with large 3- and 4-bedroom floor plans ranging from 1,500-2,000 SF each coming complete with private rooftop decks and balconies. The smallest unit is the 2-bedroom, 2-bathroom ADU which comes in at 1,000 SF plus a large private backyard which both bedrooms will have direct access to. Westlake is a vibrant community that is home to historic Macarthur Park, Vista Hermosa Natural Park, Los Angeles Surge Hospital (f.k.a. St. Vincent Medical Center), and a plethora of boutiques, cafes, and restaurants. The prime location of this lot coupled with large floor plans that provide ample outdoor space in the heart of LA is an unrivaled combination sure to garner premium tenants. Contact listing agents for plans and permit details. Inquire about this development opportunity today! Property Location 257 S Park View St, Los Angeles, CA 90057, USA Contact Agent Yohann Bensimon 310-923-1550 yohann@ikonadvisors.com

2 Bedroom Apartment for lease in Melrose Hill | Los Angeles The Kingsley Apartments 817 N Kingsley Dr, Los Angeles, CA 90029 Apartments for lease in Melrose Hill offering modern, and functional living. Contact Us Fully Leased View More Listings Available for Lease Browse photos and videos at your leisure. Unit #2 2 Bed 1 Bath SQ Footage: 800 SF Parking: 2 Covered Spaces Leased Appy Now Luxury, modern, accessible living A stone's throw from Melrose with an incredible offer: This gem boasts 2 beds, 1 bath, and 2 covered parking spots at an unbeatable price. Nestled in a gated property, it's a skip away from Silver Lake, Hollywood Blvd, Paramount Pictures, and Melrose. This unique property flaunts exterior upgrades like a paved driveway, landscaped beauty, a freshly installed sprinkler system, and new lighting. Inside, the middle unit dazzles with a fully remodeled kitchen featuring white shaker cabinets, quartz countertops, and stainless steel appliances. Gas and electricity are separately metered, while water runs on a single meter. Amenities In-Unit Washer/Dryer On-Site Parking Stainless Steel Appliances Balconies Open Floor Plan Living Gated Property En-Suite Bedrooms Central AC/Heat The neighborhood Melrose Hill is a small, historic neighborhood in Los Angeles, nestled between Hollywood and East Hollywood. Characterized by its early 20th-century homes and tree-lined streets, it offers a charming respite from urban hustle. A hidden gem, Melrose Hill combines a close-knit community vibe with proximity to LA's vibrant cultural and entertainment hubs. Lock&Key Sqirl Courage Griffith Osteria La Buca Paramount Interested in touring or applying for The Kingsley Apartments? Call or email us to book an appointment & discuss details. Contact Us

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