Multi-Family
10884 Olinda St
10884 Olinda St, Los Angeles, CA 91352
Listing Price: $1,950,000
Investment Overview
Marcus & Millichap is pleased to present a development opportunity located in Sun Valley CA. The offering consists of 17,667 sq. ft. (0.41 Acres) of R-1 zoned land, with underlying R-3 zoning. The property is located in a (QOZ) Qualified Opportunity Zone, which can offer potential Tax Benefits if the property is held for a period of 7-10 years (please consult your accountant). Currently the property hold a duplex which can deliver income during the entitlement period.
Exclusively Listed By
Financing By
Listing Price: $1,950,000
Investment Highlights
- Located in a Qualified Opportunity Zone
- Underlying Zoning Allows Multifamily Development
- 2 Existing Units Provide Income During Entitlement
- 17,667 SF (0.41 ACRES) Lot Development Opportunity
Investment Overview
Marcus & Millichap is pleased to present a development opportunity located in Sun Valley CA. The offering consists of 17,667 sq. ft. (0.41 Acres) of R-1 zoned land, with underlying R-3 zoning. The property is located in a (QOZ) Qualified Opportunity Zone, which can offer potential Tax Benefits if the property is held for a period of 7-10 years (please consult your accountant). Currently the property hold a duplex which can deliver income during the entitlement period.
Exclusively Listed By
Financing By
