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The Overlook LA Development site is a 7,780 SF transit-oriented single lot development opportunity. The site is 950 feet from the entrance to the Vermont/Beverly Redline Station and is currently entitled for 17 apartment units utilizing TOC. While perhaps contrarian to lead with the TOC entitlement based on the market's feverish rush to produce affordable housing leveraging compelling policy changes (of which this property is certainly also the beneficiary of), we believe the entitled 17-unit TOC project provides the most holistic basis for understanding the real estate's potential, the available critical work product, and the capacities of the surrounding supportive infrastructure. Not to mention, it is a rare opportunity to break ground now - allowing a builder to take advantage of five years of entitlement work. The project is at the perfect stage to pass the baton...speaking of which, this project can be completed prior to the Olympics...made possible by almost five years of entitlement work leading to this point which required a traverse of the SNAP Specific Plan, LADBS, and the Housing Department.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 8/8/2025 | Year Built | 0 |
|---|---|---|---|
| Community | KREA - Koreatown | County | Los Angeles |
Additional Details
| AREA | KREA - Koreatown |
|---|---|
| LOT | 7780 sq ft |
| LOT DESCRIPTION | Level, Rectangular Lot |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Hills, Mountain(s), Neighborhood, Panoramic |
| WATER | Public |
Location
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Listed with Evanisko Realty & Investment
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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