1641 Morton Ave.
Challenge: Evanisko was retained to Sell the site in the midst of the market downturn. Furthermore, the site was entitled for Small Lot Ordinance Homes (SLO) which at the time had not been fully vetted in the marketplace.
Value Add: Evanisko was able to identify forward-thinking builders who understood the viability of producing an attainable ownership product within the urban Los Angeles market. Evanisko facilitated diligence efforts and closed the deal during the early stages of the market rebound.
Evanisko Represented: Seller and Buyer
$1,800,000
41,980 SF
IN ECHO PARK
PRODUCT:
18 SLO
