1511 S New Hampshire, Los Angeles, CA 90006

$1,170,000

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List Agent Rana Khanjani () Sync Brokerage; CoList ()

List Price
$1,170,000
Price Change
▼ $7,000 1783408418
Status
ACTIVE
MLS#
SR26068379
Lot Size
6,290
Days on Market
124
Property Type
Land

Property Description

4-UNIT RTI WITH PAID PERMITS | SB8 CLEARED | SHOVEL READY | CORNER LOT | DELIVERED VACANT | Rana Khanjani with Sync Brokerage is proud to present this Exceptional value-add and development opportunity in the Pico-Union / Koreatown corridor. Existing vacant triplex situated on a 6,290 SF lot. Comes with fully approved RTI plans and approximately $70,000 in paid permits—no entitlement risk and ready to build immediately. Approved plans feature a 4-unit project with an attractive unit mix: (2) 5-bed + office / 5-bath units and (2) 4-bed / 5-bath units, each with private 2-car garages and en-suite bathrooms throughout, designed for co-living or high-demand rental use. Gross Building Area is 8,202 SF, Prime central location near Koreatown, Downtown LA, USC, and major freeways (I-10 & I-110), making this an ideal build-to-sell or long-term hold opportunity. Renderings may not entirely reflect final plans. Please contact the listing agent for more details. WITH AN ADDITIONAL OPPORTUNITY TO BUILD ADUs.

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Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.