MIDOS has acquired 326 Robinson Street Los Angeles, a 10,200 SQFT split lot, which will allow for the construction of 25 units in a 30,000 Square Foot building.
The property is located in Silverlake, a thriving and eclectic neighborhood in Los Angeles that has transformed into one of the city's most prominent destinations for dining options and trendy nightlife. In recent years, Silverlake has emerged as the most walkable neighborhood in Los Angeles and a hub for millennial creatives.
Because of the property's close proximity to mass transit, combined with the area's RAS3 zoning and Tier 1 TOC designation, we will be developing with allowable incentives.
MIDOS Development has plans to develop 25 apartment units
We estimate the total building envelop to be 30,000 gross square feet, which will result in approximately 20,000 square feet of net rentable square feet.
By maximizing the ground floor with parking, the developer will save tremendously on construction costs. In avoiding subterranean parking, we are able to fit 19 parking spaces on grade
Amenities will include a variety of smart technology for remote access, touchless contact and a rooftop with amenities that include a fitness area, grill and food area, and a lounge. Views from the roof will include the Hollywood sign and the Downtown skyline