Property · 2 recorded sales since 2021
Listing Agent: Stephen F. Watson (DRE #01187813) · Listing Office: Keller Williams Los Angeles · Contact: 213-797-7000 · Bought with: Philip Landau · PHILLIP LANDAU · MLS #20652012 · Source: CRMLS
New Price Improvement!! We are proud to present this four unit building with each unit having three bedrooms and two bathrooms. Subject building is 6,270 square feet, making it one of the largest properties among similarly configured buildings. It has one unit vacant allowing the future buyer to receive market rents. Property is located in Koreatown, one of the most populated neighborhoods in America. It is also close to downtown, Hollywood, and the 10 freeway making all of Los Angeles accessible with only a car. At $1,750,000 and 6,270 SF of building, this property is at a low building PSF of $279. It also has R4-zoning with a TOC tier 3. That means you may be able to build 16 units by right or 28 units with the bonus density.
Listing description from the November 2021 sale, as reported to CRMLS.