Listing by: Dario Svidler, Keller Williams Beverly Hills
0 Beds
n/a Full bath
n/a SqFt
Active Under Contract
REDUCED! We are proud to present for sale a development opportunity in Prime Koreatown - in the middle of everything! This property was Ellis'd in 2018 and Demolished in 2021and the property has an issued SB8 ED1 RUD! With 7,790 SF of R4-1 Tier 3 TOC vacant land, this property qualifies for SAFMR Tier 1! Utilize ED1 for a 65+/- Unit 5 Story Project in one of the most competitive rental markets in the country! Seller has Conceptual Plans for a project. Walking distance to pretty much all, including the Metro Subway Station waiting for the westward expansion to Westwood, or take the Subway to Hollywood, Downtown, or connect to practically anywhere in the Greater Los Angeles area! Walk to Vons, Ralphs, fine and casual dining, happening nightlife, entertainment, public transportationthis neighborhood is perfect for new construction with little to no parking!
Property Details | ||
---|---|---|
Price | $1,700,000 | |
Lot Size | 50x155 | |
Lot Size Area | 7792 | |
Lot Size Area Units | Square Feet | |
Acres | 0.1789 | |
Property Type | Land | |
Geographic Data | ||
Directions | South of 3rd Street, North of 6th Street. Just west of Vermont, near the Metro Subway Station. | |
County | Los Angeles | |
Latitude | 34.06842 | |
Longitude | -118.295038 | |
Market Area | C17 - Mid-Wilshire | |
Address Information | ||
Address | 316 S Catalina Street, Los Angeles, CA 90020 | |
Postal Code | 90020 | |
City | Los Angeles | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Keller Williams Beverly Hills | |
Listing Agent | Dario Svidler | |
Buyer Agency Compensation | 2.000 | |
Buyer Agency Compensation Type | % | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
MLS Information | ||
Days on market | 61 | |
MLS Status | Active Under Contract | |
Listing Date | Feb 29, 2024 | |
Listing Last Modified | Apr 30, 2024 | |
Tax ID | 5502006004 | |
MLS Area | C17 - Mid-Wilshire | |
MLS # | 24363605 |
This information is believed to be accurate, but without any warranty.