Description
We are proud to present this value add opportunity in Koreatown. The two unit building sits on a 6,641 square foot LAR4 zoned lot. Its located on a hard corner on Fedora Avenue just west of Western Avenue and north of Olympic Blvd. A new Buyer has the ability to build up 17 units by right and up to 23 with the density bonus. If you maximize the sites potential, you can build for as low as $67,391 per unit. A new Buyer may be able to obtain favorable financing options. One unit delivered vacant at close of escrow.
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0BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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2,420SQFT
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$640$/SQFT
School Ratings & Info
Description
We are proud to present this value add opportunity in Koreatown. The two unit building sits on a 6,641 square foot LAR4 zoned lot. Its located on a hard corner on Fedora Avenue just west of Western Avenue and north of Olympic Blvd. A new Buyer has the ability to build up 17 units by right and up to 23 with the density bonus. If you maximize the sites potential, you can build for as low as $67,391 per unit. A new Buyer may be able to obtain favorable financing options. One unit delivered vacant at close of escrow.
Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-11T08:24:53.98. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.