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Multi-Family

10884 Olinda St

10884 Olinda St, Los Angeles, CA 91352

Listing Price: $1,950,000

Lot Size
0.41 acres
Price/Acre
$4,807,947
Land Type
Redevelopment

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.

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

Exclusively Listed By

Financing By

Multi-Family

10884 Olinda St

Listing Price: $1,950,000

Lot Size
0.41 acres
Price/Acre
$4,807,947
Land Type
Redevelopment

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

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