Active

1517 W 8th St

Los Angeles CA, 90017

$3,995,000


$309.95 per sqft

Active

0.3 Acres

Land

Ultra Efficient RTI Development Site in City West. The Plaza Apartments @ City West, a 60-unit multifamily development opportunity in the Downtown Los Angeles submarket. The project is permit-ready and will be delivered with all reports, plans and approvals to the selected Buyer. Designed with area demand and cost consideration paramount, the project is extremely efficient with an average unit size of approximately 582 square feet and no subterranean parking. The project has been subjected to rigorous underwriting and is conceptualized with an intimate understanding of the market by seasoned local experts. Construction is 7-story type III-A with at- and above-grade parking and approximately 36,000sf of rentable area. A unit mix skewed towards studios and 1-bedrooms meets local demand head-on catering to young professionals and small families looking to live as close to Downtown Los Angeles as possible.

24-373943

MLS ID

March 28, 2024

Listed

April 5, 2024

Updated

Map

1517 W 8th St
Los Angeles CA, 90017

Exterior/Building Features

Lot Size

0.3 Acres


Sewer

In Street

Other Property Details

Area Name

Downtown L.A.


Days on Market

8


Garage

No


View

Yes


View Description

City, City Lights


County

Los Angeles


Water Source

Meter on Property, In Street


Pool

No


Zoning

LAC2

Listed by Adam Peterson with CB Richard Ellis, Inc.
Listing Contact: 310-954-7031 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor The Wellmakers Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 4/5/2024

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