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33766906
33766888

4117 N Mission Rd, Los Angeles, CA 90032

HY
CA 01245826
Hagop Yapoujian
Listed by Hagop Yapoujian
$1,200,000
22 days on market
Updated 7 days ago

Mission Lofts

Details
APN 5209-035-005, 5209-035-004, 5209-035-003
Property Type Retail, Multifamily (+1)
Sub Type Apartment Building, Residential (+1)
Square Footage 13,510
Units 22
Acreage 0.310
Zoning Q C2-1
Investment Type Redevelopment
Ground Lease No
Sale Condition N/A

Retail | 13,510 SqFt

Marketing description

MISSION LOFTS - 22-UNIT MULTIFAMILY DEVELOPMENT OPPORTUNITY. Rare opportunity to acquire a three-parcel assemblage totaling approximately 13,510 SF in Northeast Los Angeles. The property includes plans for a proposed 22-unit multifamily apartment development featuring contemporary architecture, three stories over subterranean parking, and approximately 31,458 SF of proposed building area. The project is a Density Bonus development with plans reportedly approximately 70% complete. Survey, geotechnical work, architectural plans, site plans, floor plans, elevations, and development studies have been completed. Proposed unit mix includes studios, one-bedroom, two-bedroom, and three-bedroom units with 29 subterranean parking spaces. Strategically located near Los Angeles General Medical Center, USC Health Sciences Campus, Cal State LA, Downtown Los Angeles, major employment centers, public transportation, and regional freeways. The surrounding Northeast Los Angeles corridor continues to benefit from public and private investment, new residential development, healthcare expansion, and urban infill growth. Ideal opportunity for developers, builders, and investors seeking a substantially advanced multifamily development project in a supply-constrained Los Angeles submarket. Buyer to independently verify all information, zoning, development potential, approvals, plans, reports, permits, and entitlements

Investment highlights

  • Location Advantages: Downtown LA, USC Health Sciences Campus & LA General Medical Center, Cal State LA, South Pasadena, Logistic & Industrial Centers
  • Employment & Redevelopment Corridor
  • Rare Three-Parcel Assemblage With 150 Ft of Frontage on Mission Rd & 90 Ft on Supreme Ct
  • Mission Rd Corridor Traffic Exceeds Approx. 26,000 Vehicles Per Day

Listing Contacts

HY
CA 01245826
Hagop Yapoujian
Listed by Hagop Yapoujian

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Additional Information

Name
Hagop Yapoujian
License
01005112
Brokerage
Hynet Realty
Brokerage Phone
3237240000
Title
Broker of Record
Brokerage Address
429 N Montebello Blvd Suite A, Montebello CA 90640
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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