We are proud to present for sale this 1,635 square foot Mid-Wilshire home located on an expansive 7,502 square foot lot offers 3 Bedrooms and 2 Bathrooms in the primary structure and a detached 500 square foot structure offering 1 Bedroom, 1 Bathroom and Kitchen. Potential development opportunity in Prime Wilshire Center - Koreatown. R3 zoning and TOC Tier 3 located on an expansive 7,502 square foot lot with 50 feet of frontage. Centrally positioned near Hollywood, Los Feliz, Hancock Park, Silver Lake, and Downtown. Highly walkable location with a Walk Score of 90. Situated in an area of rapid development, this property benefits from its close proximity to major transportation routes, employment hubs, healthcare facilities, and educational institutions. Unleash the full development potential of this lot by utilizing one of the many available state or local density bonus incentives. Commercial tenant in place operating a state licensed child day care facility offers great rental income to a long term investor or to a developer during the entitlement process. Owner has topo, soils and conceptual plans for 19 unit apartment building.
|
DAYS ON MARKET
|
95
|
LAST UPDATED
|
11/18/2024
|
|
YEAR BUILT
|
1921
|
COMMUNITY
|
Mid-Wilshire
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
| School District |
Los Angeles Unified |
|
Prior to Nov 18, '24
|
$1,547,000
|
| Nov 18, '24 - Today |
$1,499,000 |
| AIR |
None |
| APPLIANCES |
Gas Range, Gas Water Heater |
| AREA |
Mid-Wilshire |
| BASEMENT |
Utility, Yes |
| HEAT |
None |
| HOA DUES |
0 |
| INTERIOR |
All Bedrooms Down |
| LOT |
7502 sq ft |
| LOT DESCRIPTION |
Near Public Transit, Rectangular Lot |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| UTILITIES |
Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected, Electric: Electricity - On Property |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Neighborhood |
| WATER |
Public |
| ZONING |
LAR3 |
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Listed with Baabak Sharifan, Broker
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 12/21/24 8:56 AM PST 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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