144 S Catalina, Los Angeles, CA 90004

$1,895,000

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

List Price
$1,895,000
Status
ACTIVE
Days on Market
130
MLS#
SR26068419
Subtype
Land
Lot Size
9,024
Acres
0.21
MLS Area Major
Not Defined (699)

Property Description

PERMITS FULLY PAID | ED1 APPROVED | SHOVEL READY | DELIVERED VACANT | Rana Khanjani with Sync Brokerage is proud to present this Exceptional development opportunity in the heart of Koreatown. 9,024 SF R3-zoned lot with an existing vacant triplex and RTI permits fully delivered for a 46-unit ED1 project with an approved covenant in place. Permits include 2 two-bedroom units, 36 one-bedroom units, and 8 studios, totaling approximately 15,703 SF of rentable space and 20,510 SF of gross building area. No parking required, significantly reducing construction costs and timelines. Located in a high-demand, transit-accessible area near Metro lines, major employers, and vibrant dining and retail, making this an ideal project for long-term hold or build-to-sell with strong income potential and value appreciation. Renderings may not entirely reflect final plans. The OM and proforma will be delivered upon interest.

Additional Information

Zoning
R3
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.