Property Detail

Description

Prime Development Opportunity. Seller has initiated the entitlement process for a proposed senior living community, including plans for approximately 95 units with on-site amenities such as a cafeteria and shared common areas. Buyers are advised to verify allowable uses and incentives with LADBS and TOC guidelines. No Joint Venture (JV) offers, please. Seller is willing to carry financing for up to 2 years at 6.0% interest with $1,000,000 down; terms are negotiable.