Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Building size

3,943 sqft

Lot size

3,661 sqft

Year built

1910

Stories

2

Heating

None

Cooling

None

View

City Lights

Status

Active

Days on market

162

MLS #

222498548

About this property

Prime RTI Opportunity Across from Park with Downtown LA Views! This rare RTI (Ready to Issue) property is the investment opportunity you've been waiting for! Prime RTI Opportunity Across from Park with Downtown LA Views! Situated in a high-demand rental area, this single-family home has approved plans to transform into a lucrative three-unit building. Thoughtfully designed with modern, open floor plans and high-end finishes, this shovel-ready project allows you to break ground immediately after close of escrow no delays, just profit potential! Prime Location: Set across from a lush park with unobstructed views of Downtown Los Angeles, this property offers future tenants a slice of urban paradise, right in the heart of the city. With easy access to LA's best dining, shopping, and cultural hotspots, this location promises high occupancy and premium rental rates. Key Features: RTI Approved: All permits ready, saving you time and money. Three-Unit Conversion: Transform a single-family property into a high-yield, multi-family building. Exceptional Design: Beautiful layouts that appeal to tenants seeking style and functionality. Spectacular Views: Park-front location with stunning vistas of Downtown LA. High Rental Demand: Prime spot for long-term returns in a highly desirable area. This is a turnkey investment opportunity where location, design, and timing come together perfectly. Don't miss out secure this property and start construction without delay. Calling all savvy investors: Contact us today to discuss how this can be the next stellar addition to your portfolio!

Location

145 N Toluca Street

Los Angeles, Los Angeles, CA, 90026