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$ 2,190,000
Est. payment | /mo
8,500 SqFt
$ 2,190,000
Est. payment | /mo
8,500 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 “Propertyâ€), 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
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Michael Tidwell • Cushman & Wakefield