2021 S Redondo is a $1,650,000, 3,920 square foot, 5 bedroom, 5.0 bath home located in Los Angeles (City), CA.
Unbelievable development opportunity in prime Mid City Los Angeles! An extraordinary chance to develop Small Five Lot Subdivisions located in the unique CA Opportunity Zone, allowing incredible tax deferment benefits. This property is situated on approximately 10,000 sqft lot zoned RD2. Highlights include a flat lot with no subterranean or hillside scope of work required. The property will be sold with approved, non-appealable Letter of Intent and Ready to Issue plans with estimated completion date for Feb 2019. Construction documents are currently in process & submitted to LADBS. Re-sell Value of entire subdivision is projected north of $5.5M. Property will also be delivered 100% vacant at close of escrow.
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