Smiley Drive Small Lot Development 5338 Smiley Dr Lot | Terrain commercial | 0,22 ha | À vendre | 6 761 531 € | Los Angeles, CA 90016

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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT

FULLY ENTITLED: Ready to Issue (RTI) Development
PRIME LOCATION: Close to the La Cienega Expo Light Rail Line and West Adams’ growing amenities and Culver City adjacent

BUILD & HOLD FLEXIBILITY: No low-income rental unit requirements

RÉSUMÉ ANALYTIQUE

Great opportunity to acquire a fully entitled, ready-to-issue (RTI) Samll Lot Development site in the heart of West Adams. Spanning 24,000 SF across five standard lots, the property currently consists of a residential structure and open yard space. The RTI plans are for 16 modern residential units (small lot homes). The site is nestled in a residential pocket not far from from hip restaurants like Mizlala, MIAN and Whole Foods. The La Cienega/Jefferson Expo Line station is nearby and makes it ideal for transit-oriented development also located in an Opportunity Zone. The project is free of low-income housing requirements and offers flexibility for both short- and long-term strategies. Strong location in one of LA's fastest-growing creative corridors, the project benefits from the area's rapid urban growth and premium amenities, making it an ideal choice for maximizing returns.

Offering Memorandum

BILAN FINANCIER (PRO FORMA - 2025) Cliquez ici pour accéder à	ANNUEL	ANNUEL PAR ha
Revenu de location brut	$99,999	$9.99
Autres revenus	-	-
Perte due à la vacance	-	-
Revenu brut effectif	$99,999	$9.99
Taxes	-	-
Frais d’exploitation	-	-
Total des frais	$99,999	$9.99
Résultat net d’exploitation	$99,999	$9.99

INFORMATIONS SUR L’IMMEUBLE

Prix	6 761 531 €
Type de vente	Investissement
Condition de vente	Projet de requalification
Nb de lots	1
Type de bien	Terrain
Sous-type de bien	Terrain commercial
Surface totale du lot	0,22 ha
Zone de développement économique [USA]	Oui Les autorités nationales désignent une partie des secteurs de recensement éligibles comme des zones de développement économique [USA]. Certains investissements dans les zones de développement économique [USA] peuvent bénéficier d’un traitement fiscal préférentiel.

1 LOT DISPONIBLE

Lot

Prix	6 761 531 €
Prix par ha	30 325 223,63 €
Surface du lot	0,22 ha

Great opportunity to acquire a fully entitled, ready-to-issue (RTI) Small Lot Development site in the heart of West Adams. Spanning 24,000 SF across five standard lots. The RTI plans are for 16 modern Small Lot Homes.

DESCRIPTION

Great opportunity to acquire a fully entitled, ready-to-issue (RTI) Small Lot Development site in the heart of West Adams. Spanning 24,000 SF across five standard lots, the property currently consists of a residential structure and open yard space. The RTI plans are for 16 modern residential units (small lot homes). The site is nestled in a residential pocket not far from hip restaurants like Mizlala, MIAN, and Whole Foods. The La Cienega/Jefferson Expo Line station is nearby and makes it ideal for transit-oriented development, also located in an Opportunity Zone. The project is free of low-income housing requirements and offers flexibility for both short- and long-term strategies. Strong location in one of LA's fastest-growing creative corridors, the project benefits from the area's rapid urban growth and premium amenities, making it an ideal choice for maximizing returns.