Thank you
John C. Pak
Philco Realty
310-880-3013
We are pleased to offer for sale a 4-Unit apartment building located in the highly sought-after neighborhood of Koreatown LA. The subject property is located on the corner of South Westmorland Ave and Francis Ave, just minutes to the new Zion Korean market and MacArthur Park. Situated on a HUGE lot of 8,060 sq. ft. and 5,846 sq. ft. of interior space is zoned for R4-2 TOC Tier 3 with ability to build 21-unit condo (FULLY-ENTITLED!). The new owner has the ability and option to add two ADU's for a two-bedroom and one-bedroom unit.
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Total Bedrooms : 12
Total Baths: 8
Full Baths: 0
Half Baths: 0
Year Built: 1917
Building Area Total: 5,846
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.185
Lot Size Source: Assessor
Lot Size Square Feet: 8057
Original List Price: 1,995,000
Listing Contract Date: 2023-11-06
Listing Agreement: Seller Reserved
Parcel Number: 5077022015
Garage Description: None
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C17 - Mid-Wilshire
Postal Code Plus 4: 1209
Directions: Corner of South Westmoreland Aveue & Francis Avenue
Zoning: R4-2
Source Property Type: Residential Income
Area: C17 - Mid-Wilshire
Property Age: 107
Year Built Source: Vendor Enhanced
Total Square Feet Living: 5846
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
822 S Windsor Boulevard.., Los Angeles, CA,90005 | $799,000 | 2 | 1 | 1,290 | 8980 Sqft |
854 S Normandie Avenue, Los Angeles, CA,90005 | $4,900,000 | -- | -- | -- | 13240 Sqft |
836 S Catalina Street, Los Angeles, CA,90005 | $2,250,000 | 8 | -- | 5,322 | 7249 Sqft |
821 S Wilton Place, Los Angeles, CA,90005 | $3,985,000 | 1 | -- | 10,786 | 8999 Sqft |
837 S Berendo Street #1, Los Angeles, CA,90005 | $2,050,000 | 8 | -- | 5,732 | 7499 Sqft |
826 S Gramercy Place, Los Angeles, CA,90005 | $2,400,000 | -- | -- | 6,293 | 7499 Sqft |
702 Crenshaw Boulevard, Los Angeles, CA,90005 | $1,950,000 | 10 | 5 | 2,691 | 10491 Sqft |
4027 Leeward Avenue, Los Angeles, CA,90005 | $1,649,000 | 4 | 2 | 2,168 | 7236 Sqft |
670 Crenshaw Boulevard, Los Angeles, CA,90005 | $1,999,000 | 8 | 5 | 4,903 | 6196 Sqft |
893 S Norton Avenue, Los Angeles, CA,90005 | $1,490,000 | 2 | 2 | 1,975 | 7914 Sqft |
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ByOwner last updated this listing 05/06/2024 @ 19:13
MLS: 23321211
LISTED BY: John C. Pak, Philco Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.