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$1,688,800
Est. payment /mo
5 Beds
2 Baths
2,071 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 2,071 sqft
Price per Sqft $815
MLS Listing ID 25498557
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1926
Lot Size 7,474 Sqft
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 independent investigation of the development potential of the site and verify all of the information provided above. Sold AS-IS
Location
State CA
County Los Angeles
Area C18 - Hancock Park-Wilshire
Zoning LAR3
Interior
Furnishings Unfurnished
Fireplace No
Laundry See Remarks
Exterior
Pool None
View Y/N Yes
Private Pool No
Building
Entry Level One
Sewer Other, Sewer Tap Paid
Water Public, Other
Architectural Style See Remarks
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5092026014
Acceptable Financing Submit
Listing Terms Submit
Financing Cash,Conventional
Special Listing Condition Standard
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Listed by Dana Park VIP Premier Realty Corp #01427551
NEARBY SCHOOL & BUSINESS
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