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**Prime Development Opportunity Near Koreatown Ripe for Multi-Family Building** Introducing a rare Vacant property located just minutes from the heart of vibrant Koreatown, this charming single-family residence sits on a spacious RD2-zoned lot, offering exceptional potential for multi-family redevelopment. 3 Units (Front Duplex and Rear ADU) with potential rental income of $7,500 per month. Walking distance to Koreatown's top restaurants, shops, and cafes. Quick access to DTLA, Hancock Park, and major freeways. High-demand rental area with strong appreciation trends. Whether you're an owner-user looking to live now and build later, or a savvy developer ready to capitalize on LA's growing housing demand, this property offers the flexibility and location to make it a standout investment.
Last Updated | 8/5/2025 | Year Built | 1907 |
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Community | C16 - Mid Los Angeles | County | Los Angeles |
Additional Details
AIR | None |
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APPLIANCES | Dishwasher |
AREA | C16 - Mid Los Angeles |
HEAT | Wall Furnace |
LOT | 8542 sq ft |
LOT DIMENSIONS | 50x171 |
PARKING | None |
POOL DESCRIPTION | None |
STORIES | 2 |
STYLE | Traditional |
VIEW DESCRIPTION | None |
Location
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