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    2947 W 8Th St

    Los Angeles, CA 90005
    • $1,690,000
    • STATUS: Active
    • ON SITE: 39 days
    • ID#: 21-685596
    $1,690,000
    • 3
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,015
      SQFT
    • $839
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:
    Area:

    School Ratings & Info

    Description

    Good news for Developers ! Heart of Korea Town ! Close to Metro Subway Vermont Station and busy street 8th and Vermont Ave. R4 TOC Tier 3 development opportunity located in the Mid Wilshire Area. TOC incentives allow for reduced parking & setback requirements and increased density options. Buyer must to verify all zoning and TOC guidelines with LADBS. One of the Seller is a listing agent and is motivate to sell.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-07T23:43:55.073. 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.
    www.lydiagable.com/homes/113671628
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    2947 W 8Th St Los Angeles, CA 90005

    • Price: $1,690,000
    • Status: Active
    • ID#: 21-685596
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,015
    SQFT
    $839
    $/SQFT
    1912
    Built
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    Mid-Wilshire
    Property Description
    Good news for Developers ! Heart of Korea Town ! Close to Metro Subway Vermont Station and busy street 8th and Vermont Ave. R4 TOC Tier 3 development opportunity located in the Mid Wilshire Area. TOC incentives allow for reduced parking & setback requirements and increased density options. Buyer must to verify all zoning and TOC guidelines with LADBS. One of the Seller is a listing agent and is motivate to sell.
    Exterior Features

    Direction Faces South Entry Location Living Room Lot Size Area 6201 Other Structures None Parking Garage Driveway Roof Asphalt Total Parking 4

    Interior Features

    Baths Total 1.00 Cooking Appliances Gas/Electric Range Cooling None Equipment Garbage Disposal Fireplace Rooms None Flooring LaminateHardwood Heating Wall Gas Laundry Outside Water Heater Features Gas

    Property Features

    Assessed Total Value 443003 Gross Income 45600 Gross Operating Income 45600 Like Units1 1 Net Operating Income 22975.00 Number Of Buildings 1 Number Of Units 1 Sale Type Standard Security Features Gated Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 22625 Type Of Units 1 Water Public Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar4

    Listing provided courtesy of Chung Suk Kim DRE# of America Realty Los Angeles.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-07T23:43:55.073. 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.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377