- Rare approved and ready-to-issue opportunity for 8 residential townhome unit in prime Valley Glen neighborhood
- Building plans have been approved and permits are ready-to-issue (RTI) and paid for
- Demolition permit has been approved
- Plans approved for property to be built to condo specifications
- The project consists of 8 large townhome units with private entrances and private rooftop decks
- An existing and drawn condo tract map awaits election of the owner for later individual condo sales and is currently not approved
- Great unit mix: four (4) - 3 Bedroom/3 Bath, and four (4) - 2 Bedroom/3 Bath
- All units individually metered for gas, electric and water
- No affordable units required; no restrictions on rent
- Two (2) garage parking spaces per unit, with an additional four (4) garage guest parking
- Substantial cost savings to build on-grade parking
- Property design is a value-engineered one, with efficient construction plans (back-to-back fireplaces, conduits for electric, and more) lowering the cost of construction
- No tenant relocation, currently this is a single-family home that is vacant and ready for demolition
- Owner will cooperate with EB-5 Direct Investment or a 1031 Exchange
| Emmanuel Ndu 818.742.1622 endu@naicapital.com Cal DRE Lic #1072609 |
Ziv Kozaski 818.742.1609 zkozaski@naicapital.com Cal DRE Lic #01195573 |
Adam Graves 818.742.1650 agraves@naicapital.com Cal DRE Lic #02036167 |
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