3028 W 7th Street, Los Angeles, CA 90005

About this property

We are proud to present 3028 W. 7th St. in the Koreatown submarket of Los Angeles. This rectangular lot is 9,295 SF and ideal for housing, mixed-use and commercial uses with direct access to 7th Street between Hoover and Vermont, and less than three miles from Downtown Los Angeles. The subject is zoned LAC2 and designated TOC Tier 3 for a 70% density bonus on the base density. Given the lot area and zoning a new project on the site may yield up to 41 multifamily units (buyer to verify). In addition, the property is located in a DDA/QCT and is ED 1 eligible.

Listing description from the December 2023 sale, as reported to CRMLS.

Sale history

$2,400,000

Sold December 2023 · listed $2,500,000, on market October 2023 · MLS #23323587 · Source: CRMLS

Listing Agent: Adam Peterson · Listing Office: CB Richard Ellis, Inc. · Bought with: Brent Koo · CB Richard Ellis, Inc.

Explore Los Angeles