1627 Oak St
Los Angeles, CA 90015

The Saadian Investment Group is pleased to offer for sale this this Fully Entitled Opportunity Zone 11-unit multifamily Development Opportunity, located in the Los Angeles - Pico Union submarket, nestled between Harvard Union and Downtown LA. The development features a 6,937 square foot corner lot, zoned R3-1-HPOZ. The HPOZ & TOC approved design calls for a total of 34-bedrooms + 34-bathrooms, with a unit mix consisting of (6) 3+3 units, (2) 2+2 units, and (3) 4+4 units – excellent for Co-living/ Student housing. The design calls for three stories over parking at grade level for 11 vehicles plus bicycle stalls requiring no subterranean parking. PLEASE NOTE THE FOLLOWING: 1) Submit Offer on a CAR Purchase Agreement. 2) Books & Records Granted with an Accepted Offer. 3) Submit Proof of Funds & Pre-Qualification Letter with Offer. 4) Seller Selects all Services Disclaimer: All information has been secured from sources we believe to be reliable. However, we make no representation or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information above and bears all risk for any inaccuracies.