Goden development opportunities !(CAP100%! or more)
GREAT apartment buildings and shopping center development opportunities !
Marketing description
🔥Best location development in Beverly, Los Angeles for sale for $70 million (or $25-$50 million equity financing) Contact Lynn: 9493511343
🔥Total land area: 6.32 acres (1,275,299 square feet) Existing shopping center: 97,000 square feet (to be demolished). Rental income $2 million/year
🔥Existing zoning: C-21; (FAR): 4.65, permitted height: 108 feet.
🔥Maximum residential density: 1,242 units (TOC -4 zoning) 2,500 square feet
🔥Buildable commercial shopping center: 115,000 square feet. Includes a large supermarket (Ralphs) of 55,000 square feet; a large drugstore: (CVS) of 14,000 square feet; an international food court: 25,000 square feet
Total retail/store area: 21,000 square feet
Estimated project net gross floor area ratio: 950,000 square feet to 1 million square feet (development commercial plan). Total project cost estimate: $850 million
Complete valuation: $2 billion!
Investment highlights
another 460AC land:Off‑Market Investment/Development Parcel — Total 461.7 Acres
Summary
- Total area: 461.7 acres (available as one parcel or subdivided)
- Location advantages: adjacent to three universities, a high school, and a mature golf community with an HOA (monthly fees approximately $800–$2,800)
- Status: multiple lots have received municipal approvals or are ready for rapid build‑out (details below)
- Best uses: senior housing (assisted/independent/ALF), multifamily apartments, retail/strip center, supermarket, gas station, golf club support facilities, mixed‑use development
- Price: available on request — contact listing agent for pricing and terms
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