415 Grace Ave - REDUCED! 8 Unit Townhome-Style Dev, Fully RTI

REDUCED!
PartnersCRE is excited to offer for sale a fully ready-to-issue (RTI) 8-unit townhome-style development opportunity. The project features two main building types:
• Type 1: Building 1, which includes Unit A and Unit B.
• Type 2: Buildings 2, 3, and 4, each featuring Unit A and Unit AR.
Each unit is designed and includes:
• Unit A: 3 bedrooms, 4 bathrooms, 1,514 sq. ft., a private 2-car garage (371 sq. ft.), and a spacious roof deck (251 sq. ft.).
• Unit AR: Unit A Reversed
• Unit B: 3 bedrooms, 4 bathrooms, 1,690 sq. ft., a private 2-car garage (371 sq. ft.), and a spacious roof deck (251 sq. ft.).
All the units feature laundry closets, a bonus/utility room with a full bathroom on the ground floor, and a private rooftop deck. The total rentable sq ft is 12,288 SF.
The property benefits from a high Walk Score of 85, indicating a “Very Walkable” neighborhood where daily errands do not require a car. This level of walkability, coupled with easy access to public transportation and major thoroughfares, enhances the appeal for future residents or tenants, especially in a market increasingly favoring accessibility and convenience. The Metro K Line Northern Extension would fill a gap in Metro’s developing system to connect four major rail lines and six of the highest ridership bus lines in LA County.