Janti Shabani presents an attractive Green Trophy ... · Wonder Agent Janti Shabani Presents: An...
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Janti Shabani presents an attractive Green Trophy Development opportunity off market sale
Janti ShabaniTop Producer Realtor Mobile: (310)490-0902 Office: (310)432-5772 DRE: 01442399 [email protected] KW Beverly Hills
WOOSTER 1500-1508 SOUTH
STREET
GREEN INVESTMENT OPPORTUNITY
Wonder Agent Janti Shabani Presents:An attractive Green Trophy Development opportunitylocated at: 1500 and 1508 Wooster street, the corner of Wooster and Cashio.One of the most coveted rental markets in Los Angeles. High demands condos location for Orthodocs. Approximately 14,736 sqft development site is zonedLAR3 and falls under TOC tier 2 eligibility For adeveloper to build 31 units. Great Beverlywood location!Very close to Beverly Hills. With value added opportunity land. Offered $5,750,000.
DEVELOPMENT SITE IN BEVERLYWOOD
Subject Property• The site consists 2 percales• Transit Oriented Community (Tier 2) "Base incentives"-60% Density Bonus, 45% Floor Area Ratio
increase, and a parking requirement of one-half (0.5) an automobile stall per bedroom• Transit Oriented Community (tier 2) "Additional Incentives" -Up to three (3) on-menu incentives can
be requested.
Property subject has been shown in platmat, highlighted in blue.
.Figure A: Aerial View (southeast corner of Wooster.St and Cashio St)
-Properties Summary
Portfolio sale: two income properties for sale as portfolio
• 1500 Wooster Street la CA 9 0035, corner of Wooster and Cashio
• 1500 Wooster Street lot area is: 82 27 SqFt.
• 1500 Wooster Street is Fourplex
• 1508 Wooster Street la CA 9 0035
• 1508 Wooster Street lot area is: 6509 SqFt.
• 1508 Wooster Street is a duplex
- Investment Highlights
1. The subject site is a corner lot of Wooster Street and Cashio Street.
2. One of the best location for investments.
3. Both parceles are zoned LAR3 TOC tier II.
4.Buildable units: 31units: 2 6market units and 5affordable units.
5. Per the most recently recorded parcel map from the Los Angeles
County Assessor's office the lot line along Wooster Street is 19 9.9 9 feet
in length, the lot line along Cashio Street is 132.69 feet in length
6. The three units will be delivered vacant
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Janti Shabani Top Producer Realtor
Mobile:310-490-0902 Office: 310-432-5772DRE #01442399 [email protected] KW Beverly Hills