Description
Lake Vista Residences for sale at 820-822 S. Lake Street, a 32-unit apartment development opportunity near DTLA and blocks from MacArthur Park Lake. With a Walk Score of 94 in the heart of one of Los Angeles' most historic neighborhoods, this offering presents the perfect venture for a savvy developer to capitalize on the supply constraint rental housing market. This property offers unparalleled access to amenities, transportation, and vibrant community life. With the increasing need for affordable housing, this project stands to attract significant interest and support from both the community and government initiatives.Seller is open to all offers, including seller financing and joint ventures, providing you with the flexibility to structure the deal to best suit your financial strategy. The property will be sold with permits ready-to-issue. Asking Price: $1,498,000
