Want to Build 4 homes or 8 apartment units in Central Los Angeles?


Zoned R3 near Korea town, and the Miracle Mile area.

A similar project 2 doors down, the developer is building 4 single-family homes.

There is an existing home there – 3/3 with 2816 SF. the lot is 6632 SF.

The comparable property is 421 S Wilton, that purchase price was $1.45M back in April 2016.

The purchase price is $1.490m

Proforma: Potential to earn $6M from retail sales of 4 single-family homes.

Cost to build estimate: $2.5M

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