1507 Hi Point St, Los Angeles, CA, 90035

1507 Hi Point St, Los Angeles, CA, 90035 < >
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for sale
$7,350,000
Lot Size:0.41 Acres
Status:Active
MLS #:19507594
Date Updated:
For information contact:
CENTURY 21 Masters
909-595-6697
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PRICE REDUCED BY $645,000! New Price: $7,350,000. Berkadia is pleased to present 1507-1511 Hi Point, which offers a developer the opportunity to purchase a Fully Entitled, 40 Luxury Residential Unit Development Site with RTI Permits (including mechanical, electrical, and plumbing, etc.), just minutes to Beverly Hills. The 40 units are comprised of an approved unit mix of 23 - 2 bed / 2 bath units, averaging 1,014 SF; and 17 - 3 bed / 2 bath units, averaging 1,505 SF. In addition to qualifying for Tier 3 TOC Benefits (Transit Oriented Corridor, Tier 3), there are no linkage fees and no existing rent-controlled housing to demolish. The flat, rectangular 17,678 SF double lot is currently improved with two single-family homes. The subject site is located just south of the Beverly Hills border, in an area that is currently experiencing transformative development. Additional APN: 5068-016-008 (1511 Hi Point Street).
Exterior Details
Lot Size Acres: 0.4058Lot Size Square Feet: 17678.00

Community Information
County Or Parish: Los AngelesDirections: Minutes to Beverly Hills. West of Fairfax Avenue and South of Pico Boulevard.
MLS Area Major: C09 - Beverlywood VicinityZoning: LAR3

Property Information From MLS Data
Parcel Number: 5068016007

Listing Information Courtesy of:
List Agent First Name: Adrienne
List Agent Last Name: Barr
List Office Name: Berkadia

Walk Score® for 1507 Hi Point St
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Monthly Payment for 1507 Hi Point St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$7,350,000
Down Payment:
Loan Amount:$5,880,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Adrienne Barr, Berkadia

Information obtained from CACRMLS is current as of 2/25/2020 4:25 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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