Welcome to this incredible opportunity in the vibrant East Hollywood and Koreatown area! Perfect for both developers and families looking to reside in a prime location. Situated near Los Angeles City College, Barnsdall Park, and a hospital district, this property offers convenience and accessibility to essential amenities. With a total of seven public and five private schools nearby, as well as three hospitals, this location provides ample educational and healthcare options. Additionally, with nearly 90% of the residents being renters, this presents a lucrative opportunity for developers. The property boasts a corner lot, offering easy access, making it an ideal choice for development projects. It is also classified as TOC Tier 3, allowing for the construction of apartments or two duplexes. Plans for the construction of two duplexes are already prepared, streamlining the development process. Don't miss out on the chance to capitalize on this prime real estate opportunity in a highly desirable area. Contact us today to learn more and seize this incredible investment opportunity!
DAYS ON MARKET
|
23
|
LAST UPDATED
|
4/10/2024
|
YEAR BUILT
|
1911
|
COMMUNITY
|
Mid-Wilshire
|
GARAGE SPACES
|
2.0
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
AREA |
Mid-Wilshire |
BUYER'S BROKERAGE COMPENSATION |
2.250 % |
GARAGE |
Door-Multi, Garage, Yes |
LOT |
5006 sq ft |
LOT DIMENSIONS |
41x120 |
PARKING |
Door-Multi,Garage |
POOL DESCRIPTION |
None |
STORIES |
1 |
STYLE |
Colonial |
VIEW DESCRIPTION |
None |
ZONING |
LAR3 |
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Listed with Keller Williams Larchmont
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/3/24 9:36 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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