Description
Prime development opportunity located in korea town within qualified opportunity zone. vacant 7,500sf flat lot, zoned r3-1, tier 3 toc, presents an amazing opportunity to develop up to 59-units affordable housing project with no parking requirements. if a smaller scale project is more appealing to you, also included are an approved set of plans with ready to issue permits (rti) to build a 15-unit apartment building over a single level subterranean garage. this site is located within a few minutes walking distance to vermont/beverly metro station (b-line) and is otherwise centrally positioned within a highly densely populated neighborhood with high demand for rental units.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
48259365
Sell a home like this and save $82,001 Find Out How
Statistics Bottom Ads 1
Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1722
- Lot Size Dimensions: 50x150
- Lot Size Source: Survey
- Lot Size Square Feet: 7502
-
Listing Information
Listing Price Information
- Original List Price: 1,375,000
- Listing Contract Date: 2025-01-07
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5518027003
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C17 - Mid-Wilshire
- Postal Code Plus 4: 4785
- Directions: South of Beverly Blvd, West of Vermont
- Zoning: LAR3
- Source Property Type: Land
- Area: C17 - Mid-Wilshire
Building and Construction
- Year Built Source: Vendor Enhanced
Statistics Bottom Ads 2
Sidebar Ads 1
Learn More about this Property
Sidebar Ads 2
Sidebar Ads 2
Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
BuyOwner last updated this listing 01/15/2025 @ 11:59
- MLS: 25477901
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 7,502 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90004, this Los Angeles County Land are nearby neighborhoods.