1511 S New Hampshire, Los Angeles, CA 90006
1511 S New Hampshire, Los Angeles, CA 90006
1511 S New Hampshire, Los Angeles, CA 90006
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$1,070,000
Est. payment /mo
6,290 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26189486

HOA Y/N No

Lot Size 6,290 Sqft

Property Description

**PRICED TO SELL** 4-UNIT RTI DEVELOPMENT OPPORTUNITY WITH PAID PERMITS | SB8 CLEARED | SHOVEL READY | DELIVERED VACANT.
Exceptional investment opportunity in the Pico-Union/Koreatown corridor featuring an existing vacant triplex on a 6,290 SF corner lot. The property includes fully approved RTI plans and approximately **$70,000 in paid permits**, allowing a developer to begin construction without the lengthy entitlement process. The approved project offers approximately 8,202 SF of gross building area with an attractive unit mix consisting of **Four Townhome Units w/ Attached 2-Car Garage** - Two 5-bed (plus office) / 5-bath units and Two 4-bed / 5-bath units. Each unit features en-suite bathrooms throughout and a private two-car garage, making the project well suited for co-living, student housing, or high-demand rental use. Additional ADU potential may exist, subject to buyer verification and applicable city requirements. Centrally located near Koreatown, Downtown Los Angeles, USC, and the I-10 and I-110 freeways. An excellent build-to-sell or long-term investment opportunity.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LARD1.5

Interior

Fireplace No

Exterior

Community Features Street Lights, Sidewalks

View Y/N Yes

View Neighborhood

Building

Lot Description Corner Lot

Water Public

New Construction No

Others

Senior Community No

Tax ID 5075004019

Acceptable Financing Cash, Owner May Carry, Private Financing Available

Listing Terms Cash, Owner May Carry, Private Financing Available

Special Listing Condition Standard

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Listed by Rana Khanjani Sync Brokerage 818-723-9071, DRE #02021891

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

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1511 S New Hampshire

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