THIS COULD BE YOUR NEXT FLIP PROJECT OR wait until it becomes RTI and pay more for it. Amazing Property! Opportunities! Located in Hancock Park/Koreatown. Near all the best of LA entertainment. Close to Los Angeles International Airport and from the freeways. The seller has too many projects on the board so until RTI is approved. Here is your opportunity to make this one your next project. So do not let it get away. The proposed project is for a four-level construction, a three-story residential structure, and one level of the parking garage, one level of subterranean plans is in place and waiting on approval for a potential 14 dwelling units, including two units reserved for affordable income households and the remaining 12 market-rate units. The unit mix will be comprised of (4) studio-bedroom units, (1) one-bedroom units, and (9) two-bedroom units. Also 885 sq. ft of roof decks and 625 sq. ft of common open space with 200 sq. ft of private balconies. Zoned R3-1 on an 11,859 sq. ft of floor area. DISCLAIMER: The information provided above relating to potential development is our interpretation of the current development laws. We are not making any representation or guarantee as to the accuracy of the information. A prospective buyer/developer should conduct their own independent investigation of the development potential of the site and verify all of the information provided above. Sold AS-IS
DAYS ON MARKET
|
49
|
LAST UPDATED
|
4/2/2025
|
YEAR BUILT
|
1926
|
COMMUNITY
|
Hancock Park-Wilshire
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
AREA |
Hancock Park-Wilshire |
LOT |
7477 sq ft |
POOL DESCRIPTION |
None |
SEWER |
Other,Sewer Tap Paid |
STORIES |
1 |
STYLE |
Other |
VIEW |
Yes |
WATER |
Public,Other |
ZONING |
LAR3 |
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Listed with VIP Premier Realty Corp
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/4/25 9:10 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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