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    1216 S Westmoreland Avenue

    Los Angeles (City), CA 90006
    • $2,700,000
    • STATUS: Active
    • ON SITE: 75 days
    • ID#: 21760224
    UPDATED: 57 min ago
    $2,700,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    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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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-27T12:29:27.227. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
    www.robynicenhowerproperties.com/homes/119273842
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    1216 S Westmoreland Avenue Los Angeles (City), CA 90006

    • Price: $2,700,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: 21760224
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    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.
    Property Features

    Listing Agreement Exclusive Right To Sell Listing Service Full Service Senior Community YN No Special Listing Conditions Standard Zoning Lar4

    Listing provided courtesy of Sung Oh of Realty One Group United


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-27T12:29:27.227. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
     
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    Robyn Graham & Associates | Keller Williams
    400 E. Main St. #110
    Visalia CA, 93291