Project Timeline: The project will start in Fall 2022 and finish in
Fall 2023
Project Overview: Ground up construction in Sherman Oaks. We are subdividing the 30,000 sq ft lot into 4 different parcels and building new construction contemporary homes on each parcel. Each project will have a rooftop deck and a basement level. Currently going to land subdivision and estimated to break ground January 2021.
Purchase Price: The purchase price for the property was $2,600,000.
Remodel / Construction Cost: The remodel / construction cost of the project will be approximately $3,500,000.
Sales Price: We are anticipating that we will be able to sell each property for around $2.4M-$2.6M
Thornton Developments is a one-stop-shop for your high-end real estate development and investment needs. Contact us to learn how you can get involved in our future projects and beyond.