1216 S Westmoreland Avenue
Los Angeles, CA 90006
$210,000.00 (-6.56%)
Active for $2,990,000
Beds: 7 Baths: 5 Structure Size: N/A sqft Lot Size: 11,704 sqft
MLS | 24429195 |
Year Built | |
Property Type | |
County | Los Angeles |
Status | Active |
Active | $2,990,000 |
Structure Size | N/A sqft |
Lot Size | 11,704 sqft |
Beds | 7 |
Baths | 5 |
Description
Attention to all investors, the property consists of large 11,704 square foot zone LAR4 which gives a lot of development value in booming Koreatown. Located in Koreatown which is known for the fast developing opportunities and its close proximity to Downtown, Hollywood, Wilshire/Vermont Metro Subway Station, The Grove makes it easy for many attractions. Easily accessible by 10 Fwy 110Fwy. The existing 4plex structure consists of 7 bedroom, 5 bathroom and 4619 square foot living spaces built in 1936. 1 of the unit is currently occupied by a tenant, 1 unit occupied by owner and 2 units are VACANT. Active developer must acquire proper development plans, permit and evict current tenants. Buyer and Buyers agent are responsible for verifying the accuracy of all information and do their own due diligence and independently verify all information.
Listing information courtesy of: Sung Oh, Real Estate eBroker Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.