Entitlement is where most Los Angeles projects lose time. Every project here has cleared it: plan check is approved and the building permit is Ready to Issue.
The buyer can pull permits after closing and move to construction, subject to LADBS requirements. Rana represents developers selling RTI projects and investors buying them.
Los Angeles 90015 · Pico-Union
Los Angeles 90019 · Mid-Wilshire
New projects go to this list before any marketplace.
Email Rana with your target unit count, budget, preferred programs (ED1, TOC, SB 35) and areas, and any 1031 timing.
If you hold an approved project and would rather sell than build, Rana prices it per unit and per buildable foot against recent RTI sales and takes it to her buyer list first.
Send the address, unit count and permit status, and Rana will reply with a pricing view.
Ready to Issue: the city has approved the plans in plan check, and the building permit can be pulled once fees and final requirements are met.
Entitled means the project's use and density are approved. RTI goes further: the construction plans are approved and the permit is ready to pull.
Typically the approved plans, soils report, city approval letters and any recorded covenants. Contents vary by project and are listed on each project.
Often yes, depending on how the exchange is structured. Talk to your qualified intermediary and tax advisor before you go into contract.
Yes. Calls, tours and document reviews can be in Farsi or English.
Buyer to independently verify all information, including permit status, plans, zoning, unit count, square footage and development potential. Information is from sources deemed reliable but not guaranteed.
