Duplex into an Apartment or 3 Units. Need help w Numbers

[Ricardo J Corbera]

Hi Guys!

I'm trying to do my 1st deal!

I live in Los Angeles, Ca.

I need help with the Calculators because I do not know some of the numbers.

I'm looking to wholesales a property that currently has 2 units. The property is zone LARD1.5 on a 5,000 sq lot. Property is currently vacant. 

Does anyone know approx what the Cost Per Sq to build would be here in Los Angeles? Quotes I've received is around $350 a sq.

Also, would you guys pitch it as a 3 unit or Apartment?

Any other ideas or info I will need when putting the numbers together for my investors?

Thank you for any input!

I'm really really trying to get into the Game. 

I haven't really found a mentor in my area that can guide me. So, I hope you guys can help and guide me through this :)

Cheers!