POTENTIAL TAX CREDITS - 10 PLUS YEARS CONSECUTIVE YEARS OWNERSHIP!
The Property is an opportunity to convert to a use that satisfies the need for Affordable Housing. Comprised of 122 rooms totaling 37,717 square feet, The Property is well maintained and situated on an approximately 2.1-acre lot. Built in 1983 and initially built with more rooms than it currently has, the property offers perimeter fencing that can include a gated entry from the entrance. A large parking lot with more than 1 to 1 parking is included, a swimming pool area that can be transitioned to alternative use, and an attractive central green belt that offers the potential for outdoor living. The Seller has previously sold a property converted to permanent housing and is aware of the necessary process for conversion.
ALL PROPERTY SHOWINGS WILL BE BY APPOINTMENT ONLY AND THROUGH THE LISTING AGENT, LUIS VAZQUEZ AT 310-704-9109. THE MANAGEMENT IS NOT AWARE OF THE SALE AND IS NOT TO BE DISTURBED OR ASKED TO SHOW ROOMS OR THE FACILITY. A COMPLETE PHYSICAL INSPECTION WILL BE ALLOWED AFTER AN ACCEPTED OFFER.