We are proud to present this value-add opportunity in Koreatown. The 8-unit building which sits on a 7,249 square foot LAR4 zoned lot is located just west of Vermont Avenue and south of 8th Street. Seven of the eight units have been extensively rehabbed, featuring new flooring, bathroom fixtures, and interior lighting. The unit mix consists of all one bedroom/one bathrooms. A new buyer has the ability re-position the asset and build up to 18 units by right, and up to 34 units using TOC incentives.
| MLS # | 23245953 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1922 |
| Days On Site | 1337 |
| Listing Provided By | David Ballin Kaufman | David Kaufman |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 5,322 |
| Story(s) | 1 |
| Units | 8 |
| Building(s) | 2 |
| Zoning | LAR4 |
| Acreage | 0.17 |
| Heating | Central |
|---|---|
| Heating Yes / No | Yes |
| Appliances | Washer |
| Parking Features | Assigned |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90005 |
| Area | C17 Mid Wilshire |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90005 |
| Area | C17 Mid Wilshire |