Best item for you builder types... 13,000 sq ft of R4
In Los Angeles just out side the Coastal Commission reach and yet near to Venice Beach and Marina Del Rey. And it is on Two traffic corridors.
If you go Condo it is very valuable. If you build rental unts is is still profitable. If you use low income credits and programs you can make it a little sweeter still.
At $2,500,000 for the land is the start. Then build up to 4 or 5 stories high.
So... What is your building costs on this type of project?
Let me know your thoughts.
Keith L.
310-754-8116
keith@relist.net
email or call or post your comment for all to see.
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