Description
3 or more options - option 1 - hold as conventional rental and add 2 adus; option 2 - develop-build up to 50 potential units with ab 1287 or 26 units by-rightbased on r4-2 zoning, tier 3 toc zone. density bonus added. opportunity zone. (independently verify with city planning and/or other planning professionals) (propertyreport available on request) option 3 - hold as conventional rental and develop later. adu concepts based on a consultant schematic. adu units and associated rents areprojected. the rather conventional 50s exterior belies the interior vintage style. unit interiors average just under 1500 sf. most units retain vintage design touches withupdated modern amenities. more like homes than apartments, the units give the sense of being in a charming hancock park home. a truly, one-of-a kind building. oh, anddid i mention it's smack dab in the middle of the korea town scene. short distance to the iconic chapman plaza and public transportation. walkscore.com: 95. severalexterior virtual pictures including the main photo showing many color options have been added to the photos along with the current interior & exterior property photos. clickon video links to see drone view. gross income includes parking, laundry and other income in addition to projected rents for the possible addition of adus.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
47043204
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.243
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 10587
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Listing Information
Listing Price Information
- Original List Price: 2,295,000
- Listing Contract Date: 2024-09-23
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5502021007
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C17 - Mid-Wilshire
- Postal Code Plus 4: 2222
- Directions: 5th Street & Kenmore
- Zoning: LAR4
- Source Property Type: Land
- Area: C17 - Mid-Wilshire
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 12/04/2024 @ 13:57
- MLS: 24444893
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 10,587 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 90020, this Los Angeles County Land are nearby neighborhoods.