2834 W. Leeward, Los Angeles, CA 90005 - 20598072 - iPro Real Estate

For Sale

$2,295,000

Free Professional CMA

Listing ID : 20598072

Description

100% vacant 5 unit building with 40-unit development potential in the heart of Koreatown priced at only 57k per buildable unit. The subject 9,417 SF lot is in an R4-2 zone with the benefits of TOC (Tier-3) & "Opportunity Zone" designations. Per LADBS, 40 units can be built using the TOC designation and 23 units by right. There are currently 2 structures on the property, totaling 4,940 SF and 5 units. The current improvements could provide cash flow during the entitlement process. Preliminary Plans call fo

Details

Type: Land Sale 
County: Los Angeles 
Tax ID: 5077020018
Property Type: Land Sale 
Sub Type: Unimproved Land 
Zoning: LAR4 

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Interactive

34.058369 -118.285271 $2,295,000 20598072
2834 W. Leeward, Los Angeles, CA 90005
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Listed by Armin Soleimani with Global Platinum Properties, Inc.