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$1,500,000
Est. payment /mo
6,503 Sqft Lot
UPDATED:
09/30/2024 06:43 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24041767
HOA Y/N No
Year Built 1895
Lot Size 6,503 Sqft
Property Description
8 Units RTI Development opportunity on an R-3 zoned lot near downtown Los Angeles Crypto Center, Koreatown, and Pico-Union, with easy access to the freeway: Sold with approved plans and permits for a 4-floor construction with ground-level parking, offering a total living area of 14,400 ft.² The previous property has been demolished, making it an ideal prospect for investors and developers seeking a prime location with high rental demand potential.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR3
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Urban
Total Parking Spaces 1
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 4
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5075008010
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by Behrouz Lavi • Keller Williams Realty-Studio City • 818-235-7290