3 or More Options - Option 1 - Hold as conventional rental and add 2 ADUs; Option 2 - Develop-Build up to 50 potential units with AB 1287 or 26 units By-Right based on R4-2 zoning, Tier 3 TOC Zone. Density Bonus added. Opportunity Zone. (Independently verify with City Planning and/or other planning professionals) (Property Report available on request) Option 3 - Hold as conventional rental and develop later. ADU concepts based on a Consultant Schematic. ADU units and associated rents are projected. The rather conventional 50s exterior belies the interior vintage style. Unit interiors average just under 1500 SF. Most units retain vintage design touches with updated modern amenities. More lik
$2,295,000
12 beds12 baths8,956 sq ft
3520 W 5th St, Los Angeles, CA 90020
0.24 acre lot • 4 garage spots • Walker's paradise
UNIT MIX: 1Bed 1Bath x 15. Studio 1Bath X 9. Actual current monthly income: $33,700. Annual $404,400. What a location! Yes, they say location matters and it really does. Within feet reaching location of ever-so-famous Chapman Plaza, City Center and the rest of the "Koreatown Sixth Street Corridor" First time on the market in 15 years! Huge upside potential for income! All tenants are current on their rental payments. Subterranean gated parking of 24 cars all side x side all separately metered. R4 Zoning of approximately 10,000 SF lot on Tier 3 TOC with number of new developments/projects within close proximity to the subject property. 100% RC, NON-HPOZ. New roof is being installe
$5,900,000
15 beds24 baths18,783 sq ft
520 S Kenmore Ave, Los Angeles, CA 90020
9,817 sq ft lot • 24 garage spots • Walker's paradise
Located in prime location of K-Town ! heart of Koreatown! g. As you walk through the front door, you're greeted by a cozy living room, complete with a crackling fireplace that sets the mood for relaxation. The living room seamlessly flows into the dining area, upgraded wood flooring and kitchen cabinets, offering both beauty and durability. The kitchen is a chef's dream, boasting beautiful counters and upgraded appliances that make meal prep a breeze. A highlight of this home is your private balcony off the bedroom. Dive into the sparkling swimming pool or host a summer BBQ by the poolside grilling area. Keep your car safe in the underground parking garage and your body fit in the 24-hour