14-Unit Multifamily Development Project with Approved Plans
Address:
6901 Knowlton Place
Los Angeles, CA 90045
Number of Units: 14
Living Space: 19,389 sq ft
Unit Mix: see below
Stories: 3 plus basement
Lot Size: 11,500 sq ft
Asking Price: $1,100,000
View approved plans >>
Take advantage of this rare opportunity to develop a 14-unit condominium building in a great convenient neighborhood just 4 miles from Los Angeles Internationl Airport. Owner has approved plans. Knowlton Place is a quiet and beautiful tree-lined street with a mix of single family homes and 2 multifamily buildings, one of which is a successful condo project next door to the subject property. Property is currently occupied by Ladera Heights Prep School which will vacate upon the sale of the property.
Located just 1 block away from the intersection of La Tijera / La Cienega / Centinela, this property enjoy an abundance of conveniences including Ralph's grocery store, TGI Fridays, Starbucks Coffee, Jamba Juice, McDonalds, ChuckE Cheese's, Vons, and many more. Easy access to 405 Freeway and only a 10-minute drive to LAX. See map.
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Disclaimer: all information herein is believed to be correct, but we do not guarantee its accuracy and rely on prospects to rely only on their own investigations.