Residential Income - Los Angeles, CA

LOCATION LOCATION LOCATION! Look no further... . . . Tri-plex. Good land development opportunity in up and evolving Silver Lake \/ Echo Park neighborhood. California Craftsman with potential for adding units to the site or building a new commercial or multi-family project. Stable cashflow during entitlement process. Opportunity zone. Zimas indicates Tier 2 designation with a 35% increase FAR of at least 3.25%. Each bedroom allocates .5 parking space but no more than 1 space per unit. All buyers to conduct their own site and development investigations and should not rely on this data for investment or future development purposes.