Courtesy of: Sung Oh 01884497 | Realty ONE Group United
Purchase Type: Sale
MLS ID: 21-760224
Days On Market: 68
Lot size: 0.269
Property Type: Residential Land
Property Subtype: Lots and Land
New Construction: No
Swimming Pool: No
Has Waterfront: No
Address: 1216 S Westmoreland Ave
County: Los Angeles
City: Los Angeles
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. 3 of the units are currently occupied by tenants and 1 vacant unit. 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.
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