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$1,170,000
Est. payment /mo
6,290 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26068379
Lot Size 6,290 Sqft
Property Sub-Type Lots/Land
Property Description
4-UNIT RTI WITH PAID PERMITS | SB8 CLEARED | SHOVEL READY | CORNER LOT | DELIVERED VACANT | Rana Khanjani with Sync Brokerage is proud to present this Exceptional value-add and development opportunity in the Pico-Union / Koreatown corridor. Existing vacant triplex situated on a 6,288 SF lot. Comes with fully approved RTI plans and approximately $70,000 in paid permitsno entitlement risk and ready to build immediately. Approved plans feature a 4-unit project with an attractive unit mix: (2) 5-bed + office / 5-bath units and (2) 4-bed / 5-bath units, each with private 2-car garages and en-suite bathrooms throughout, designed for co-living or high-demand rental use. Gross Building Area is 8,202 SF, Prime central location near Koreatown, Downtown LA, USC, and major freeways (I-10 & I-110), making this an ideal build-to-sell or long-term hold opportunity. Renderings may not entirely reflect final plans. Please contact the listing agent for more details. WITH AN ADDITIONAL OPPORTUNITY TO BUILD ADUs.
Location
State CA
County Los Angeles
Direction Venice & S. New Hampshire
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 5075004019
Acceptable Financing Cash
Listing Terms Cash
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Listed by Rana Khanjani, DRE#02021891 Sync Brokerage
Nearby Locations
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908