This is a once-in-a-lifetime opportunity to own a piece of real estate in Koreatowns dense rental submarket. This fantastic bungalow style building features 5,815 square feet lot, R3 Zone, and in a Tier 3 TOC. The existing structures have eight units, with eight one bedroom/one bath. This is a great property for an investor or builder looking to enhance value or redevelop. The property is located in one of Los Angeles' most varied areas, with a huge concentration of nightclubs, restaurants, and long-established businesses. Koreatown has a strong demand for apartment units and is positioned between West Hollywood and Downtown Los Angeles.
Listing courtesy of Shiva Mehrdad from Power Brokers International
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