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Land — 1511 S New Hampshire, Los Angeles, CA

$1,170,000

1511 S New Hampshire, Los Angeles, CA

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About this property

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 6,290 SF lot. Comes with fully approved RTI plans and approximately $70,000 in paid permits—no 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.

Property details

Property type
Land

Location

1511 S New Hampshire • Los Angeles, CA 90006

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Listed by

Rana Khanjani · Sync Brokerage