1216 S Westmoreland Avenue
Los Angeles, CA, 90006
$2,990,000
Beds
0 Baths
SqFt
0.27 Acres
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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.

Property Details

Price:
$2,990,000
MLS #:
24429195
Status:
Active
Baths:
0
Address:
1216 S Westmoreland Avenue
Type:
Residential Income
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Aug 17, 2024
State:
CA
ZIP:
90006
Lot Size:
11,704 sqft / 0.27 acres (approx)
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1216 S Westmoreland Avenue
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