Overview
- Residential
- 3
- 2
- 1
- 1166
- 760554
Description
This is a fantastic equity opportunity offering a fast track to development with plans for a 24-unit, 5-story apartment building (LAR3 zoning) anticipated to be Ready-to-Issue (RTI) very soon! The project is strategically designed for maximum profitability, featuring 1-bedroom, 1-bathroom units—each with a private balcony and access to floor-level trash chutes—that qualify under an affordable housing initiative. Crucially, the absence of parking requirements dramatically maximizes usable space and return on investment. For the savvy buyer looking to push boundaries, the city has already approved the feasibility to increase the unit count from 24 to 30 units. Seize this moment to acquire a high-yield asset in a prime development corridor. Contact us immediately for full plans and to secure your stake in this exceptional venture! Buyer to independently verify all information.
Details
Updated on June 2, 2026 at 11:36 am Listed by Shira Dunn, Keller Williams Luxury- Property ID: 760554
- Price: $1,250,000
- Property Size: 1166 Sqft
- Land Area: 6502 Square Feet
- Bedrooms: 3
- Bathrooms: 2
- Garage: 1
- Year Built: 1925
- Property Type: Residential
- Property Status: Active
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