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Updated almost 5 years ago on . Most recent reply

User Stats

61
Posts
38
Votes
Serena Halterman
  • Rental Property Investor
  • Long Beach, CA
38
Votes |
61
Posts

Los Angeles Developer

Serena Halterman
  • Rental Property Investor
  • Long Beach, CA
Posted

Hello everyone! I have been a real estate investor for about 5 years and have done small multifamily deals. I recently have had the opportunity of potentially purchasing four parcels of land in Los Angeles. I want to look into the best way of developing this land and am planning on presenting options to the city. This is way over my head since I have never built a property from the ground up and there are some issues with this land that I also need to evaluate. I wanted to know if anyone knew the best way to start. I want to work with an experienced developer to partner on the deal, but do not currently know of any. Any contact recommendations or advice on where to start would be greatly appreciated!

Most Popular Reply

User Stats

19
Posts
14
Votes
Xander Tertychny
  • Developer
  • Los Angeles, CA
14
Votes |
19
Posts
Xander Tertychny
  • Developer
  • Los Angeles, CA
Replied

HI @Serena Halterman

First step would be looking at the zoning to understand what kind of unit density, height restrictions, setbacks, etc. exist for the properties to determine what size and about of units you can build. Look on zimas.com to get some insight for the property information.

What kind of project are you looking at developing - multifamily? single family?

Feel free to reach out directly, and I could point of to some resources as well. 

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