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2947 W 8Th St , #1

Los Angeles, CA 90005
  • $1,490,000
  • STATUS: Active
  • ON SITE: 84 Days
  • MLS #: 21-779878
UPDATED: 37 min ago
$1,490,000
  • 3
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,015
    SQFT
  • $739
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1912
County:
Area:

School Ratings & Info

Description

Good news for Developers ! Heart of Korea Town ! Close to Metro Subway Vermont Station and busy street 8th and Vermont Ave. R4 TOC Tier 3 development opportunity located in the Mid Wilshire Area. TOC incentives allow for reduced parking & setback requirements and increased density options. Buyer must to verify all zoning and TOC guidelines with LADBS. One of the Seller is a listing agent and is motivate to sell.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-26T20:42:51.07. 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.
www.searchdesertrealestate.com/homes/121074995
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2947 W 8Th St , #1 Los Angeles, CA 90005

  • Price: $1,490,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 37 min ago
  • MLS #: 21-779878
3
Beds
0
Baths
0
½ Baths
0.14
Acres
2,015
SQFT
$739
$/SQFT
1912
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
Good news for Developers ! Heart of Korea Town ! Close to Metro Subway Vermont Station and busy street 8th and Vermont Ave. R4 TOC Tier 3 development opportunity located in the Mid Wilshire Area. TOC incentives allow for reduced parking & setback requirements and increased density options. Buyer must to verify all zoning and TOC guidelines with LADBS. One of the Seller is a listing agent and is motivate to sell.
Exterior Features

Direction Faces South Entry Location Living Room Lot Size Area 6201 Other Structures None Parking Garage Driveway Roof Asphalt Total Parking 4

Interior Features

Baths Total 1.00 Cooking Appliances Gas/Electric Range Cooling None Equipment Garbage Disposal Fireplace Rooms None Flooring LaminateHardwood Heating Wall Gas Laundry Outside Water Heater Features Gas

Property Features

Assessed Total Value 443003 Gross Income 45600 Gross Operating Income 45600 Like Units1 1 Net Operating Income 22975.00 Number Of Buildings 1 Number Of Units 1 Sale Type Standard Security Features Gated Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 22625 Type Of Units 1 Water Public Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar4

Listing provided courtesy of Chung Suk Kim DRE# of America Realty Los Angeles.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-26T20:42:51.07. 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.
 
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74996 Highway 111
Indian Wells CA, 92210