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Fully entitled 60 x 189.24 (11,354 sq.ft.) in Park Mesa Heights (at the northeast corner of Inglewood) with 100% approved plans for super spacious 3 story 15,370 sqft 12 unit apartment. Permits paid for (80k!), could start building tomorrow. Absolutely nothing like it. Seller spent a fortune and worked full time for 10 months to get project approved. Mix: nine 3 bed 2 baths (1150 sq.ft. each), two 2 bed 2 baths (930 sq.ft. each), one 1 bed 1 bath (650 sq.ft.) and a 400 sq. ft. “rec room”. Each unit will be separately metered for gas, electric and even water. 2 units designated low income. 16 car parking, 12 prime, 4 tandem. Potential income 240k+. Economical design with no elevator, no underground parking, ADA unit on first floor and central air on roof. All utilities are on site. 1 block east of beautiful Crenshaw/LAX Metro Rail, which will connect LAX to DTLA and Santa Monica in 2018 with 2 stops in Park Mesa Heights, and 1.3 mile north of $2 billion 238 acre Hollywood Park Tomorrow, Rams/Chargers Stadium, and new Forum.
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