Description
We are proud to present this value add opportunity in Koreatown. The two unit building sits on a 6,641 square foot LAR4 zoned lot. Its located on a hard corner on Fedora Avenue just west of Western Avenue and north of Olympic Blvd. A new Buyer has the ability to build up 17 units by right and up to 23 with the density bonus. If you maximize the sites potential, you can build for as low as $67,391 per unit. A new Buyer may be able to obtain favorable financing options. One unit delivered vacant at close of escrow.
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5BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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2,420SQFT
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$640$/SQFT
School Ratings & Info
Description
We are proud to present this value add opportunity in Koreatown. The two unit building sits on a 6,641 square foot LAR4 zoned lot. Its located on a hard corner on Fedora Avenue just west of Western Avenue and north of Olympic Blvd. A new Buyer has the ability to build up 17 units by right and up to 23 with the density bonus. If you maximize the sites potential, you can build for as low as $67,391 per unit. A new Buyer may be able to obtain favorable financing options. One unit delivered vacant at close of escrow.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-07T09:42:12.397. 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.