RTI PERMITS IN PLACE. Rare ground-up multifamily development opportunity in Hancock Park. 4915 Elmwood is a 6,803 SF R3-1 lot with a planned 18-unit, two-building, 8,242 SF project. Front building: 3 stories, 8 apartments (mix of 1BR, 1BR+Den, and 2BR), most with private patios or shared roof deck. Rear building:… Read More 2 stories, 2 detached ADUs plus 6 permitted recreation rooms, designed for post-Certificate of Occupancy conversion to 6 additional ADUs, bringing the project to 18 units total under California state ADU law. All-electric, rooftop solar, individually submetered. No elevator. Delivered outside LA's Rent Stabilization Ordinance as new construction. Currently improved with a 1920s Craftsman SFR and garage, delivered vacant and 'as is' at close of escrow. Quiet tree-lined residential street, minutes to Larchmont Village's shops and restaurants. Full plans and entitlement file available to qualified buyers. Buyer to independently verify all material facts with LADBS and the City of Los Angeles. Read Less
Listing courtesy of First Reliant, Inc..Maria Sanchez Rodriguez
Listing Snapshot
Days Online
87
Last Updated
Lot Size
0.16 Acres
MLS Number
PW-26135512
Additional Details
Lot
Front Yard, Landscaped, Level with Street, Lot 6500-9999, Near Public Transit, Utilities - Overhead, Value In Land, Walkstreet, Back Yard, 0.16 acres, Lot size area: 6,803, 6,803 square feet
Property
Zoning: R3-1
Sewer
Public Sewer
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