4080 Redwood Ave
4080 Redwood Ave
4080 Redwood Ave
4080 Redwood Ave
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$8,305,000

4080 Redwood Ave

37 Beds 29 Baths

Description

Rare and unique Inverstment opportunity to invest 3 contiguous apartment buildings. Keep as a cash flow investment or continue with the re-development process. Re-Development plans are designed for a 40 unit apartment, gym and common areas along with 60 subterranean parking spaces. Currently zoning is R3-1,however, the re-development is being approved under SB 1818 allowing an increase of density. The Current combined buildings consist of 17,088 and lot size is 23,823. 6 studios, 8 1+1 13 2+1 and 1 3+2 units. Located minutes from Silicon Beach home of top tech companies, world class restaurants and shopping all with walking distance.

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Location

4080 Redwood Avenue, Los Angeles, CA 90066

Status

Sold
Todd Stein

Todd Stein

TITLE

Real Estate Agent | Principal

Property Amenities

View additional property information below.
Area & Lot
Lot Area 17,088 Sq.Ft.
Status Sold
Finance
Sales Price $8,305,000

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