About this property

Builder/Developer/Contractor Opportunity - 100% RTI. Welcome 7 Story 28 Unit development project in the heart of Koreatown priced at only 78k per buildable unit. Sold with Architectural drawing with RTI permit stamped and ready to go!! Walking distance to Wilshire/Vermont Metro Station (0.4 mi), Restaurants and bars in Koreatown, and just a short drive to Hollywood, DTLA, and Staples. Recently listed property sits on a large 6,250 SF lot adjacent to 8th street within the Los Angeles TOC Tier 3 with a LAR4-2 zoning code. Preliminary Plans call for 28 units and 17,117 SF of floor area(29,682 SF of building area after completion) in 6 levels of residential over 1 level of ground floor parking level and 1 level of subterranean parking for a total of 14 parking spaces. The proposed unit mix includes 17 1-bedrooms, 10 studios, and 1 3-Bedrooms units. The property will be delivered vacant. Property showing only upon acceptance of offer. Buyer to verify all facts!! DON'T MISS OUT!!

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