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    1550 Pleasant Avenue

    Los Angeles (City), CA 90033
    • $3,100,000
    • STATUS: Active
    • ON SITE: 79 days
    • ID#: SR20152942
    UPDATED: 87 min ago
    $3,100,000
    • 0
      BEDS
    • 0.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 45,844
      SQFT
    • $68
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Ratings & Info

    Description

    PROPOSED BUILD: 34 Apartments consisting of a mix with one studio, nine 1 bedrooms, eight 2 bedrooms, fourteen 3 bedrooms and two 4 bedroom units, all with 1 to 4 baths (see plans), Plus additional office space and a 420' room for recreational applications. Note: four units to be set aside for Affordable Housing. All units are designed with upgraded finishes, luxury flooring, stainless steel appliances and in unit washer and dryers and private balconies. Plenty of open space common area and rooftop deck for the tenants to enjoy. Boyle Heights is a seamless fit and prime for business and residential development. Pleasant View is a design of 5 levels of residential living and one level of proposed on grade parking (25 Autos). The total proposed building area is 52,311 sqft with a rentable area of 45,844 sq ft. ALTERNATIVE BUILD - Take Advantage of this Fully Entitled 34 Unit project an start from scratch to build 34 economically sized units (850 +/-sqft) utilizing the R3 zone and TOC/Tier 3 designation with an Affordable or Low Income Housing Project. Section 8 and Veterans (VASH) programs both Federally funded and guaranteed will pay up to $2,328 for 2 bedroom and $3,123 for 3 bedrooms apartments. This means guaranteed income through all types of financial markets, up and down. Utilize of the existing approved Soils Report, DWP Encroachment Application completed and cleared, paid Highway Dedication fees and cleared fire hydrant and access.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-19T18:32:09.243. 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 Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/108415970
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    1550 Pleasant Avenue Los Angeles (City), CA 90033

    • Price: $3,100,000
    • Status: Active
    • Updated: 87 min ago
    • ID#: SR20152942
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.37
    Acres
    45,844
    SQFT
    $68
    $/SQFT
    2020
    Built
    Neighborhood:
    BOYH - Boyle Heights
    County:
    Los Angeles
    Area:
    BOYH - Boyle Heights
    Property Description
    PROPOSED BUILD: 34 Apartments consisting of a mix with one studio, nine 1 bedrooms, eight 2 bedrooms, fourteen 3 bedrooms and two 4 bedroom units, all with 1 to 4 baths (see plans), Plus additional office space and a 420' room for recreational applications. Note: four units to be set aside for Affordable Housing. All units are designed with upgraded finishes, luxury flooring, stainless steel appliances and in unit washer and dryers and private balconies. Plenty of open space common area and rooftop deck for the tenants to enjoy. Boyle Heights is a seamless fit and prime for business and residential development. Pleasant View is a design of 5 levels of residential living and one level of proposed on grade parking (25 Autos). The total proposed building area is 52,311 sqft with a rentable area of 45,844 sq ft. ALTERNATIVE BUILD - Take Advantage of this Fully Entitled 34 Unit project an start from scratch to build 34 economically sized units (850 +/-sqft) utilizing the R3 zone and TOC/Tier 3 designation with an Affordable or Low Income Housing Project. Section 8 and Veterans (VASH) programs both Federally funded and guaranteed will pay up to $2,328 for 2 bedroom and $3,123 for 3 bedrooms apartments. This means guaranteed income through all types of financial markets, up and down. Utilize of the existing approved Soils Report, DWP Encroachment Application completed and cleared, paid Highway Dedication fees and cleared fire hydrant and access.
    Exterior Features

    Garage Spaces 0.00 Lot Features 0-1 Unit/AcreLot 10000-19999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Features Subterranean Parking Total 25.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes View See Remarks View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features See Remarks Levels Three Or More

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 0.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 0.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 0 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 0 Operating Expense 0.00 Other Expense Description See Om Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays See Remarks Total Actual Rent 0.00 Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source See Remarks Zoning Lar3

    Listing provided courtesy of Edgar Koenig of Ed Koenig IRE and Verzhine "Gina" Uzunyan of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-19T18:32:09.243. 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 Keller Williams Realty. Licensed in the State of California, USA.

     
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