1511 S New Hampshire, Los Angeles, CA 90006

$1,170,000

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Listing courtesy of Listing Agent: Rana Khanjani (rana@syncbrokerage.com) from Listing Office: Sync Brokerage.

List Price
$1,170,000
Status
ACTIVE
Days on Market
131
Price Change
▼ $7,000 1783408418
MLS#
SR26068379
Subtype
Land
Lot Size
6,290
Acres
0.14
MLS Area Major
Not Defined (699)

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.

Additional Information

Zoning
RD1.5
View
Neighborhood

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.