Echo Park Small Lot Subdivision Project (SOLD TWICE in 3 MONTH'S)
The property was a house that was torn down and is going to become a small lot subdivision with 3 modern houses on the lot. I initially helped the Buyer's purchase the property off market, then they finalized the entitlements making it so a developer could begin construction on the first day after closing, then sold the project for them (also off market) at a sizable profit. It's going to be a great project in close proximity to Echo Park Lake.
911 Bonnie Brae
Entitled to build 3 small lot houses
7,488 Sq. Ft Lot
Purchased for 970,000 and RE-SOLD for $1,300,000
Listing by Eric Smilay
If you would like to find similar opportunities available, please feel free to contact us anytime @310.600.9172 or email eric@smilayproperties.com. We would be happy to assist!