Description
Amazing Property! Opportunities! Huge Profits! Located in Hancock Park/Koreatown. Near all the best of LA entertainment. Close to Los Angeles International Airport and from the freeways. The proposed project is for a four-level construction, a three-story residential structure, and one level of the parking garage, one level of subterranean plans is in place and waiting on approval for a potential 14 dwelling units, including two units reserved for affordable income households and the remaining 12 market-rate units. The unit mix will be comprised of (4) studio-bedroom units, (1) one-bedroom units, and (9) two-bedroom units. Also 885 sq. ft of roof decks and 625 sq. ft of common open space with 200 sq. ft of private balconies. Zoned R3-1 on an 11,859 sq. ft of floor area. DISCLAIMER: The information provided above relating to potential development is our interpretation of the current development laws. We are not making any representation or guarantee as to the accuracy of the information. A prospective buyer/developer should conduct his own independent investigation of the development potential of the site and verify all of the information provided above. Sold AS-IS
-
24BEDS
-
0.17ACRES
-
0BATHS
-
01/2 BATHS
-
2,071SQFT
-
$1,207$/SQFT
School Ratings & Info
Description
Amazing Property! Opportunities! Huge Profits! Located in Hancock Park/Koreatown. Near all the best of LA entertainment. Close to Los Angeles International Airport and from the freeways. The proposed project is for a four-level construction, a three-story residential structure, and one level of the parking garage, one level of subterranean plans is in place and waiting on approval for a potential 14 dwelling units, including two units reserved for affordable income households and the remaining 12 market-rate units. The unit mix will be comprised of (4) studio-bedroom units, (1) one-bedroom units, and (9) two-bedroom units. Also 885 sq. ft of roof decks and 625 sq. ft of common open space with 200 sq. ft of private balconies. Zoned R3-1 on an 11,859 sq. ft of floor area. DISCLAIMER: The information provided above relating to potential development is our interpretation of the current development laws. We are not making any representation or guarantee as to the accuracy of the information. A prospective buyer/developer should conduct his own independent investigation of the development potential of the site and verify all of the information provided above. Sold AS-IS
Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-03-21T07:42:39.727. 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.