1301 COLTON ST, Los Angeles, California
1301 COLTON ST, Los Angeles, California 90026 - 1299 & 1301 Colton St is a Silverlake/Downtown LA adjacent 29 unit apartment building development site, sold Ready to Issue! All units will be market-rate. Seller is expected to complete approval process by end of March, 2017 for a 4-story building over semi-subterranean parking with common decks at the podium. The proposed building will have sweeping views of Downtown LA' s skyline and will consists of 13 Studio apartments, 12 one-bed/one-bath apartments, and 4 two-bed/one-bath apartments. Asking only $101 per buildable square foot and $100K/buildable door. Also for sale is 1346 Court St, a 43 unit site located one block away- the two sites can be sold individually or together. Seller is motivated and ready to make a deal on these parcels.
Listing Courtesy of Coldwell Banker Residential Brokerage
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