958 South. Grand View St., Los Angeles, CA 90006 - SR20233881

Listing ID : CRSR20233881

Lot Size
0.1659 Acre

Description

958 S Grand View is a perfect development site in a prime high traffic location on R4 lot in Koreatown. The subject is located on Grand View Ave just North of Olympic. The property encompasses +/- 7,225 sq/ft corner lot with alley access. TOC Tier 3 (Transit Oriented Communities) designation that allows increased residential density. A great opportunity to buy and build potentially 33 multifamily units. The property is located in the hottest and most dense submarket of Koreatown, between Olympic Blvd & Wilshire Blvd and Hoover St & Alvarado Ave. The subject is minutes from Downtown LA, USC, LA Live, and the Staples Center. In addition to being directly adjacent to Olympic Boulevard, the area offers access to major thoroughfares and public transit lines to major employment centers in Downtown Los Angeles, Miracle Mile, Hollywood, Beverly Hills, and Century City. Listing agent does not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size/dimensions, permitted or unpermitted spaces, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information through personal inspection & with appropriate professionals.

Details

Type: Land Sale

Subdivision: C42 - Downtown L.a.

MLS Area: C42 - Downtown L.A.

County: Los Angeles

Tax ID: 5136005018

Days on Market: 563

Property Type: Lots Sale

Sub Type: Other Residential Land

View: City Lights

Water: District - Public

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Interactive

958 South. Grand View St., Los Angeles, CA 90006
Directions to here from: 155 mi

Area Information 90006

Population:

60,821 Up .02% since 2010

Average Income:

$47,710

Average Age:

34Years

Gender:

51.22%Male
48.78%Female

Households:

19,39934.18% with children

Average Value:

$841,037

Occupancy:

8.04%Owned
91.96%Rented
8.02%Vacant

Education:

25.52%High School
3.44%Associate
12.82%Bachelor
2.94%Graduate

Average Residency:

19Years

Crime Rate:

Above Average

Annual Rainfall:

14.85Inches

Earthquake Risk:

Very High

Hurricane Risk:

Very Low

Ozone Risk:

Average

Pollution Risk:

Average

Tornado Risk:

Average

History

Date	Transaction	Price	Mortgage Amt & Lender
Date May 06, 2022	Transaction Active - Residential Lots & LandCNSR22029130	Price $2,295,000	Mortgage Amt & Lender - -
Date May 07, 2021	Transaction Expired - Residential Lots & LandCNSR20233881	Price $2,195,000	Mortgage Amt & Lender - -

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Listed by Anie Mayelian with Keller Williams Encino-Sherman Oaks

Based on information from the MLSListings MLS) as of 5/23/2022. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 5/23/2022. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2022 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes

Office: 888-603-IPRO

958 South. Grand View St. - $2,195,000