Up next yo!
Just sent out the plans for bids by GCs who’ve built affordable multifamily & worked with public funding before.
I love that I get to do development in addition to buying and selling residential/commercial property.
This property was permanently vacant for years and is now going to be permanent supportive housing.
Thoughts?
“Four-year-old plans to redevelop a long-vacant duplex near the L Line’s Indiana Station in Boyle Heights with permanent supportive housing are moving forward, according to a notice distributed this month by the City of Los Angeles.
Restore Neighborhoods LA, which was the sole bidder for the city-owned site at 3551 E. 4th Street in 2017, intends to raze the existing 1920s structure, clearing the way for redevelopment. The new project, which has the working title of 4th Street Permanent Supportive Housing, would consist of a single-story development featuring eight studio apartments, all of which would be 300 square feet in size. Each unit would include a kitchen, a bathroom, appliances, and furniture.”
#housing#construction#projectmanagement#rnla#affordable#realestate#bids#losangeles#la