Description
Your chance to build 4 Architectural small lot single family homes just north of Melrose in prime Hancock Park. Superbly designed by Letter Four Architects, the plans feature four 3 BD, 3.5 BA homes with 1,920-2,110 sq ft projected at approx $7,400,000+ worth of sales. SB8 EXEMPT. Each new home will feature private roof decks with spectacular city views, open floor plans, voluminous spaces and 2 car garages. The existing Spanish home features barreled ceilings with large patio and grassy yard, perfect to live in or rent prior to building – delivered vacant and “as is.” Note: this is nearly RTI with most permits paid (nearly $200K). Start building this dream project in the new year.
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Neighborhood & Market Insights
This property is 534.0% above the current neighborhood median.
The schools block is active and ready for district, ratings, and assigned-school provider data.
0.0% modeled change across available points
- Principal and Interest
- Property Tax
- HOA fee