2837 San Marino Street

Los Angeles, CA 90006

| 6750.00 SQ/FT

Offered at $1,799,000

Best Koreatown location close to DTLA! This Duplex will be delivered with 25unit Apartment Entitlement by around April Development Opportunity in one of the most Densely Populated areas of Koreatown, Take advantage of TOC Tier 3 Density bonus, Sellers plans in to build 25 Units 10 Studio + 10 1bed 1bath + 5 2bed 2bath RTI ready. Rents for new apartments are going from $1,500~$3,000 per/unit in the area. Huge Income Producing Opportunity, R4-1 Zoning, Many Commercial Amenities, Metro Stations are walking distance or short Bike Ride. Area is experiencing Mass Gentrification, hundreds of New Apartment and condo projects are currently under construction. Currently the Lot has a Duplex that is tenant occupied and will be delivered vacant. Property being sold AS-IS Land Value

Additional Information

Property Type: Residential Income, | Status: Active | Year Built: 1905 | MLS#: PW19012960 | Acres: 0.155000 | Lot Size: 6750.00 | Building Size: 3129 | Heating Type: None | Pool: No

Based on information from California Regional Multiple Listing Service, Inc. as of January 19, 2019 . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing Courtesy of Kim Tommy, Lifetime Realty Inc