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Listed by Yasmeen Awad • Keller Williams South Bay
$ 2,500,000
Est. payment | /mo
7,607 SqFt
$ 2,500,000
Est. payment | /mo
7,607 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 7,607 sqft
Price per Sqft $328
MLS Listing ID CRSB25252150
HOA Y/N No
Lot Size 7,607 Sqft
Property Sub-Type Unimproved Land
Source Datashare California Regional
Property Description
Unlock exceptional value with this rare opportunity in the heart of Koreatown. Spanning approximately 7,607 sq. ft. and zoned LAR3, this property comes with approved plans for a 9-unit, 3-story residential development featuring semi-subterranean parking, a true shovel-ready project. Situated in one of Los Angeles' strongest rental markets, this site is surrounded by major new developments and offers unbeatable proximity to popular dining, entertainment, shopping, public transit, and major employment hubs. Foundation work has already begun, providing a head start for developers looking to fast-track construction and realize returns sooner. Don't miss this exceptional opportunity to build modern housing in a high-demand neighborhood. Buyer to verify all zoning and development information with LADBS. Contact listing agent for details!
Location
State CA
County Los Angeles
Interior
Fireplace No
Exterior
View None
Building
Lot Description Sloped Up
Water None
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Yeimalis Acevedo-Rasmussen
Broker-Owner | Lic# CA 01727676 | TX 9014437