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$ 1,688,800
Est. payment | /mo
5 Beds
2 Baths
2,071 SqFt
$ 1,688,800
Est. payment | /mo
5 Beds
2 Baths
2,071 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,071 sqft
Price per Sqft $815
MLS Listing ID CL25498557
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1926
Lot Size 7,477 Sqft
Acres 0.1716
Property Sub-Type Single Family Residence
Property Description
THIS COULD BE YOUR NEXT FLIP PROJECT OR wait until it becomes RTI and pay more for it. Amazing Property! Opportunities! Located in Hancock Park/Koreatown. Near all the best of LA entertainment. Close to Los Angeles International Airport and from the freeways. The seller has too many projects on the board so until RTI is approved. Here is your opportunity to make this one your next project. So do not let it get away. 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 their own independen
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Fireplace No
Laundry See Remarks
Exterior
Pool None
Utilities Available Other Water/Sewer
Private Pool false
Building
Story 1
Water Public, Other
Architectural Style See Remarks
Level or Stories One Story
New Construction No
Others
Tax ID 5092026014
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Listed by Dana Park • VIP Premier Realty Corp