Incredible fixer opportunity in Picfair Village available with approved RTI plans to build 3 townhomes + an additional unit after Certificate of Occupancy - SB8 EXEMPT. Revitalize the current property on the existing large 6,800+ sq ft lot with room to expand, add a pool and live minutes from the Grove, Beverly Hills and the Westside OR... an opportunity to build 3 luxurious town-home style units and an additional ADU townhome after Certificate of Occupancy - delivered RTI (ready to issue). The plans include two 4BD, 3.5BA units, a 2BD, 2.5BA unit and after Certificate of Occupancy you can build an additional 2BD, 2.5BA ADU unit. Elegant and thoughtfully laid out floor plans showcase layouts perfect for entertaining, taking in wonderful views and each unit includes a private yard. The large front units have private 2 car garages with direct entry. With everything the area has to offer just moments away, this location is perfect for young professionals, couples, or families looking to enjoy the city's vibrant lifestyle. We anticipate a monthly income of $20,645 when completed, making this a great cash flowing asset. Close proximity to freeways to downtown and the westside. Start building your dream home or an incredible income producing property now.
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