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4002 Montclair Street

Los Angeles (City), CA 90018
  • $2,995,000
  • STATUS: Active Under Contract
  • ON SITE: 126 Days
  • ID#: 21766762
Under Contract
UPDATED: 130 min ago
$2,995,000
  • 0
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing provided courtesy of Daniel Bahr of Core Commercial Real Estate, Inc.

Description

RTI PERMIT READY!!! VACANT LOTS! Start building ASAP. No need to deal with tenants, Ellis Act, Plan Check, demo permit, etc. Mont Clair 20 is an architecturally significant RTI project with 20 spacious units, courtyards, and common area recreation room. The Property is in an Opportunity Zone allowing investors to realize significant tax advantages to developing the Property. Located in the hot West Adams/Jefferson Park district on a 16,596 SF corner site. On-grade construction includes a 38 car garage on the first floor and three stories of apartment units above. Average unit size is over 1,000 sf . West Adams is a rapidly changing neighborhood with new restaurants, shops, and developments popping up throughout the area. Located just blocks away from the Adams Terrace Project (https://abodecommunities.org/communities/) and Johhny's (https://www.johnnyswestadams.com/)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-03T00:26:52.457. 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 Elevate Palm Springs. Licensed in the State of California, USA.
www.elevatepalmsprings.net/homes/119852295
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4002 Montclair Street Los Angeles (City), CA 90018

  • Price: $2,995,000
  • Status: Active Under Contract
  • On Site: 126 Days
  • Updated: 130 min ago
  • ID#: 21766762
0
Beds
0
Baths
0
½ Baths
0.39
Acres
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
RTI PERMIT READY!!! VACANT LOTS! Start building ASAP. No need to deal with tenants, Ellis Act, Plan Check, demo permit, etc. Mont Clair 20 is an architecturally significant RTI project with 20 spacious units, courtyards, and common area recreation room. The Property is in an Opportunity Zone allowing investors to realize significant tax advantages to developing the Property. Located in the hot West Adams/Jefferson Park district on a 16,596 SF corner site. On-grade construction includes a 38 car garage on the first floor and three stories of apartment units above. Average unit size is over 1,000 sf . West Adams is a rapidly changing neighborhood with new restaurants, shops, and developments popping up throughout the area. Located just blocks away from the Adams Terrace Project (https://abodecommunities.org/communities/) and Johhny's (https://www.johnnyswestadams.com/)
Exterior Features

View City Lights View YN Yes

Property Features

Listing Agreement Seller Reserved Listing Service Full Service Senior Community YN No Special Listing Conditions Standard Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-03T00:26:52.457. 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 Elevate Palm Springs. Licensed in the State of California, USA.
 
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Elevate Palm Springs
668 N Palm Canyon #208
Palm Springs CA, 92240
Listing provided courtesy of Daniel Bahr of Core Commercial Real Estate, Inc.