90006, CA homes for sale & real estate

90006, CA Homes for Sale

Development Opportunity – 7300 SF CM-1 Zoned Lot Near Koreatown & Downtown LA! Incredible development opportunity located just south of Koreatown and west of Downtown Los Angeles. This ±7,300 SF lot is zoned LA CM-1, allowing for R3 development potential. Situated near the high-visibility intersection of Vermont Ave & Venice Blvd, the property offers excellent exposure for future leasing signage and convenient access to major hubs including Koreatown, Downtown LA, USC, and the Vermont Ave exit. Key Features: • Zoning: LA CM-1 (R3 development potential) • Lot Size: ±7,300 SF • Location: Near Vermont/Venice intersection • High rental

90006, CA Homes for Sale

TIME TO PLAN FOR YOUR FUTURE! CHOICE DEVELOPMENT LOCATION AND THIS COMMERCIAL ZONED PROPERTY POSSIBLY MAY BE DEVELOPED INTO A MIXED COMMERCIAL AND RESIDENTIAL 24-26 UNITS WITH STORES ON THE BOTTOME (MIXED-USE). HARD TO FIND LAND IN THIS LOCATION! PERHAPS BUILD FOR Sec 8 Rentals with Gov't Guaranteed Income! CM Zone = More Building Allowances from the BUILDING & SAFETY Dept. IT MAY BE POSSIBLE TO BUILD WITHOUT A PARKING LOT (WHICH MEANS MORE RENTAL UNITS): THUS, Possibly NO PARKING GARAGE REQUIREMENTS! 6246 SF Lot at a BUS STOP!!! It's Perfect for a Strong Future Money-Maker Investment!! ALL THE LAND IS BEING GOBBLED UP BY DEVELOPERS! SOOOOOOOOOOOOOOOOOO MAKE THIS YOUR FIRST DEV

90006, CA Homes for Sale

25 Unit Redevelopment. Located within the Koreatown redevelopment project area. Koreatown Galleria supermarket & retail stores in very close distance. Dense demographic neighborhood. Close proximity to Olympic Blvd & Western. Side by side properties sold together only as one sale. APN's: 5080-026-008 & -009 Price is for both parcels. Sale Price $2,300,000. Legally 14 Units Bonus Density 25 Units including 3 Units for Low Income. Buyer to do their own due diligence regarding possibilities for development. Interior inspection subject to accepted offer. BUILDING SIZE: 2,902 sq. ft. + 1,665 sq. ft. = 3,757 sq. ft. (combined) LAND SIZE: 5,900 sq. ft. + 5,900 sq. ft. = 11,800