Los Angeles, CA 90065
$1,195,000

Mark Quesada
Broker / Owner
DRE #02101365
A partner's move out of State has created an opportunity to acquire this city-approved project in Mount Washington near Downtown Los Angeles. While Mount Washington's youth-oriented, high-demand area creates one of the City's best opportunities for profitable building, the Mount Washington/Glassell Park Specific Plan makes new projects such as this Mutuo-designed architectural community virtually prohibitive. The Los Angeles City Planning Department approvals for this project took 7 years! A close review of the plans for this project reveals that the principal architect Jose Herrasti's vision affords much more than a builder's speculation opportunity. The completion of this project is true to Mutuo's design philosophy: "At Mutuo, we believe in blurring the boundaries of the architectural profession to proactively create systemic impact. We intentionally move beyond the traditional role of the architect to act as strategic partners in shaping the built environment, using design as a primary tool for solving complex urban challenges and advancing social equity." Completion of this project will add a new node of architecturally important, socially conscious lifestyles to the Mount Washington community, already recognized for its wealth of historically significant architecture.
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$8,819/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Crosby Doe, Crosby Doe Associates, Inc.
Co-listed by Julia Hodges, Crosby Doe Associates, Inc.
MLS# 26854771 · Active
History reflects records reported to the MLS and may be incomplete.