Mariposa

 

Challenge: Onerous zoning conditions, tenants, and housing laws all added layers of difficulty to the prospect of developing the site.  Evanisko was retained as the third consecutive listing Broker to get the deal done.

Value Add: Evanisko’s ability to efficiently convey technical entitlement considerations pertaining to zoning, tenants, and yield concepts gave immediate new life to a deal that had been previously communicated in ways that were not optimal.

Evanisko Represented: Seller and Buyer

 

$5,000,000


28,663 SF
IN MARIPOSA


PRODUCT:
POTENTIAL TO DEVELOP UP TO 49 APARTMENTS


“Challenges unique to the development site transaction are more readily recognizable and circumventable to those who deal with them constantly.”


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Altadena Affordable Senior Housing

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10716 Bloomfield St.