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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.
Property Type(s):
Residential Income
| Last Updated | 9/24/2024 | Year Built | 1922 |
|---|---|---|---|
| Community | Mid-Wilshire | County | Los Angeles |
Additional Details
| APPLIANCES | Washer |
|---|---|
| AREA | Mid-Wilshire |
| GARAGE | Assigned |
| HEAT | Central |
| LOT | 7249 sq ft |
| PARKING | Assigned |
| STORIES | 1 |
| ZONING | LAR4 |
Location
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Listed with David Ballin Kaufman
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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