3303 Floral Dr - Apartments FOR SALE


Los Angeles, CA 90063- East Los Angeles
$795,500 USD
818-903-8088
3303 Floral Dr, Los Angeles, CA for Sale
$795,500 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

3303 Floral Dr
Los Angeles, CA 90063
East Los Angeles


HIGHLIGHTS

  • RTI Development – Approved plans for 3 modern tri-level homes + 3 ADUs, each with private rooftop decks and panoramic city views.
  • Permit Ready – Architectural, structural, grading, civil, MEP, soils, sewer, fire, ADA, and BOE's are complete, reducing entitlement time and risk
  • Build-to-Rent – Designed for long-term investment with modern layouts, rooftop entertaining, and features attractive to premium tenants.
  • Prime Medical Location – Minutes from USC Keck School of Medicine & USC Keck Hospital, ideal for medical professionals, faculty, residents, & students
  • Boyle Heights Growth – Located in one of LA's fastest-growing neighborhoods w/ ongoing redevelopment and increasing demand for quality housing.
  • Delivered Vacant – Previous improvements include a home and 2 retail spaces. No affordable units required by county.

OVERVIEW

RTI Development – Approved plans for 3 modern tri-level homes + 3 ADUs, each with private rooftop decks and panoramic city views. Permit Ready – Architectural, structural, grading, civil, MEP, soils, sewer, fire, ADA, and BOE approvals are complete, reducing entitlement time and risk. Build-to-Rent Opportunity – Designed for long-term investment with modern layouts, rooftop entertaining, and features attractive to premium tenants. Prime Medical Location – Minutes from USC Keck School of Medicine and USC Keck Hospital, ideal for medical professionals, faculty, residents, and students. Boyle Heights Growth – Located in one of LA's fastest-growing neighborhoods with ongoing redevelopment and increasing demand for quality housing. Delivered Vacant – Previous improvements include a home and two commercial spaces. Permit fees remain unpaid; demolition and grading required before permits are issued.

FOR SALE DETAILS

PRICE

$795,500 USD

PRICE/SF

$475 USD /SF

# OF UNITS

3

PRICE/UNIT

$265,167

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

RTI Project 3 SFR + 3 ADU

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,507 SF

ZONING

LCR2*

APN/PARCEL ID

5231-026-034

ASK ABOUT THIS PROPERTY

Ed KoenigKoenig PropertiesMore Info
818-903-8088

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Ed KoenigKoenig PropertiesMore Info
818-903-8088

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.