236 S Vendome Street Active

Los Angeles,CA 90017

$ 2190000

- Bed

0 Bath

8500 SqFt


Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 8,500 sqft

Price per Sqft $257

MLS Listing ID CRPW24204871

HOA Y/N No

Year Built 1916

Lot Size 0.304 Acres

Acres 0.3

Property Description

Cushman & Wakefield U.S., Inc., as exclusive advisor, is pleased to present an exceptional investment opportunity near the heart of Koreatown: 236 Vendome (the “Property”), a beautiful, 8-unit multifamily property nestled in the heart of Koreatown, one of Los Angeles’ most vibrant neighborhoods. Situated on a 0.30-acre parcel, 236 Vendome offers an attractive mix of two (2) 1BR/1BA and six (6) 2BR/1BA units, exhibiting a blended average unit size of over 1,000 square feet per unit. Each unit features an efficient layout with highly attractive and unique interior design characteristics. Nine (11) gated parking spaces are located on the eastern side of the property, and are accessible via the alleyway abutting the that side of the Property. Due to the existing layout/configuration and underlying zoning & land use guidelines, 236 Vendome offers an opportunity to realize additional, by-right residential density (via ADU development and/or density bonus incentives). 236 Vendome is zoned RD-1.5-1 by the City of Los Angeles, and can comfortably accommodate new development on the east side (rear) of the property, which is accessible via an interior alleyway. This portion of the site is well-suited for 2-3 ADU units with tuck-under parking. The additional density is permitted by-rig

Location

State CA

County Los Angeles

Area Listing

Zoning RD1.

Interior

Fireplace No

Exterior

Total Parking Spaces 11

Building

New Construction No

Others

Tax ID 5155006016

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