Description
We are pleased to present the opportunity to acquire this incredible development opportunity, located in the East Hollywood/Koreatown submarket. The site offers a zoning ordinance of LAR3, which allows for the construction of 9 units by right and 17 units using TOC Tier 3 Density Bonus. The property features a premier location, walking distance to numerous amenities, restaurants and employment centers and within close proximity to some of the biggest names in the entertainment industry such as Netflix, Sunset Gower Studios, Paramount Studios, Viacom, and NBC Universal. Central location between Hancock Park, Koreatown, East Hollywood, and Silver Lake makes this an ideal investment for developers looking for top of the market rents. There is a single family residence currently on the lot that is owner occupied and will be delivered vacant at the close of escrow.
Location
Listing Agent: Adam Shamooelian 02116849 Courtesy of: Keller Williams Beverly Hills "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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 11th August, 2022 10:57 PM (UTC)
