Property · 3 recorded sales since 2021
Listing Agent: Dario Svidler (DRE #01884474) · Listing Office: Compass · Contact: 310-272-8002 · Bought with: Christopher Martinez Diaz · Vinco Vinco Realty & Investments Inc · MLS #21752476 · Source: CRMLS
We are proud to exclusively present for sale a vacant, side-by-side 1,936 SF Duplex with redevelopment or expansion potential situated in Koreatown! With 7,010 SF of R4-1VL Tier 3 TOC land, a new owner may build 17 Units by Right or 31 with TOC. Alternately, adding units by ADU for the parking benefits, building a 4Plex or doing an Affordable Housing Project are other potential options. The existing Duplex, with one unit recently remodeled and in move-in condition and the other unit needing a little TLC, boasts period built-ins and wood floors. The property has two one-car garages and a screened-off area attached to the garages. The property is a stones throw to the intersection of Pico Blvd. and Western Ave. in what Walk Score calls a Walkers Paradise, with restaurants, shops, markets, public transportation and nightlife. Located 0.2 Miles to The Original El Cholo, under one mile to the 10 Freeway On-Ramp, 2.7 miles to the Staples Center and 3 miles to USC, this location will find you the tenants you seek. Priced to sell at under $200 PSF on the land and $45k per unit on the maximum density potential!
Listing description from the October 2021 sale, as reported to CRMLS.