$ 2,990,000
1216 S Westmoreland AVE Los Angeles, CA 90006
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$ 2,990,000
Est. payment | /mo
7 Beds
5 Baths
0.27 Acres Lot
$ 2,990,000
Est. payment | /mo
7 Beds
5 Baths
0.27 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24429195
Bedrooms 7
HOA Y/N No
Lot Size 0.269 Acres
Property Description
Attention to all investors, the property consists of large 11,704 square foot zone LAR4 which gives a lot of development value in booming Koreatown. Located in Koreatown which is known for the fast developing opportunities and its close proximity to Downtown, Hollywood, Wilshire/Vermont Metro Subway Station, The Grove makes it easy for many attractions. Easily accessible by 10 Fwy 110Fwy. The existing 4plex structure consists of 7 bedroom, 5 bathroom and 4619 square foot living spaces built in 1936. 1 of the unit is currently occupied by a tenant, 1 unit occupied by owner and 2 units are VACANT. Active developer must acquire proper development plans, permit and evict current tenants. Buyer and Buyers agent are responsible for verifying the accuracy of all information and do their own due diligence and independently verify all information.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR4
Interior
Flooring Wood
Fireplace No
Appliance Disposal, Range
Exterior
View Y/N Yes
Total Parking Spaces 8
Building
Story 2
Entry Level One,Two
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 5076018015
Special Listing Condition Standard
Listed by Sung Oh • Real Estate eBroker Inc.
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Justin & Jessica Bouzane
Broker Associate | Lic# 01905244