$2,990,000
1216 S Westmoreland Avenue Los Angeles, CA 90006
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$2,990,000
Est. payment /mo
8 BD
0.27 Acres Lot
Active
1216 S Westmoreland Avenue Los Angeles, CA 90006
UPDATED:
08/31/2024 01:40 AM
Key Details
Property Type Other Types
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL24429195
Bedrooms 8
HOA Y/N No
Lot Size 0.269 Acres
Acres 0.27
Property 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.
Location
State CA
County Los Angeles
Area Listing
Zoning LAR4
Interior
Flooring Wood
Fireplace No
Exterior
Total Parking Spaces 8
Building
New Construction No
Others
Tax ID 5076018015
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Sung Oh • Real Estate eBroker Inc.
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