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$1,168,000
Est. payment /mo
6,290 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26068379
HOA Y/N No
Lot Size 6,290 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning RD1.5
Interior
Fireplace No
Exterior
Community Features Curbs
View Y/N Yes
View Neighborhood
Building
Water Public
New Construction No
Others
Senior Community No
Tax ID 5075004019
Acceptable Financing Cash, Private Financing Available
Listing Terms Cash, Private Financing Available
Special Listing Condition Standard
Read Less Info

Listed by Rana Khanjani Sync Brokerage 818-723-9071, DRE #02021891
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Lucio Real Estate Group
Broker Associate | License ID: 01893011
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