845 S Le Doux Rd | Los Angeles, CA 90035

Written By Michael Monempour

SALE PRICE: $2,700,000

PRICE/UNIT: $192K          PRICE/SF: $450                  LOT SIZE SF:6,000

TRANSACTION HIGHLIGHTS

  • RECORD BREAKING sale $450/PSF land for residential zoning in 90035 zip code

  • IRREPLACEABLE Beverly Hills adjacent location

  • PROPERTY is not subject to SB3300 or SB8 (no low income replacement)

  • DEVELOPER plans to redevelop the property and adjacent property in 34 units under the Transit Oriented Communities Program Tier 3

  • STRONG tenant demographic with avg income of over $120k

  • PROPERTY sold off market above market threshold

  • BUYER and seller represented by Michael Monempour + David Saghian

 
Free Property Valuation
Michael Monempour
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