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POTENTIAL 31 UNIT MULTI-FAMILY PROJECT

PLAYA DEL REY, CA

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LOCATION: 7857 W. Manchester Ave., Playa del Rey, City of Los Angeles. From the 405 Freeway, exit at Manchester Ave. and head west for approximately 3.5 miles. The property is on the north side of the street, between Saran Dr. and Gulana Ave. TG 702-C-3.
APN's: 4115-024-014 = 18,750 sq. ft.
PROJECT: City of Los Angeles R3-1. Previously entitled for a 31-unit multi-family project. Architectural and engineering completed and approved. Re-submit and develop 31-unit project, or re-entitle with a new design.
MISC: Prime location on West Manchester Ave. Property is just blocks from the beach, and in close proximity to Playa del Rey and Marina del Rey. Loyola Marymount University and LAX airport are also in the immediate area.

Please inquire for additional information, including architectural and engineering, conditions of approval, and cost estimates for 31-unit project. Other due diligence materials and market analysis are also available.

PRICE: $2,200,000.
CONTACT: Adam Corleto (DRE 01488562) - (818) 787-3077 for additional information.

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KOREK LAND COMPANY, INC.

15230 Burbank Blvd., Suite 101, Sherman Oaks CA 91411

Telephone:  (818) 787-3077; Fax:  (818) 787-9677

E-mail:  mail@korekland.com