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RTI 4-UNIT DEVELOPMENT OPPORTUNITY IN PRIME WEST ADAMS! Exceptional opportunity to acquire a shovel-ready, Ready-to-Issue (RTI) fourplex development project featuring approximately 5,315 SF of buildable area and a highly desirable unit mix of three 3-bedroom units and one 4-bedroom unit. The thoughtfully designed project features spacious floor plans with open layouts, abundant natural light, large windows, wall-to-wall and double closets, large vanities, in-unit laundry, and on-site parking. Plans show two garage parking spaces, while the site has been designed to accommodate up to nine parking spaces. Upon completion, the property is projected to generate approximately $222,000 in annual gross rental income (buyer to verify), offering compelling economics at an asking price of just $975,000 (~$183/buildable SF). Ideally located in West Adams adjacent to Culver City, the property provides convenient access to major employment centers, transportation, shopping, dining and some of the area's most popular destinations, including Cento, Mizlala, Alta Adams, Highly Likely, Chulita and Tartine. With RTI plans already in place, a buyer can bypass much of the time, expense and uncertainty associated with the entitlement process and move toward construction. Architectural plans and Offering Memorandum available upon request. Buyer to independently verify all plans, permits, approvals, square footage, parking, projected rents/income, zoning and development information. Contact listing agent for additional details.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 9/2/2026 | Year Built | 0 |
|---|---|---|---|
| Community | C16 - Mid Los Angeles | County | Los Angeles |
Additional Details
| AREA | C16 - Mid Los Angeles |
|---|---|
| LOT | 5101 sq ft |
| LOT DIMENSIONS | 5101 |
| VIEW DESCRIPTION | None |
Location
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Listed with Keller Williams Beverly Hills
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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