Overview
Property ID: HZSR25079690
Description
Prime Koreatown development opportunity with RTI permits fully delivered for a 46-unit affordable housing developement. The 9,024 SF R3-zoned lot is approved for 2 two-bedroom, 36 one-bedroom units and 8 studios, totaling approx. 15,703 SF of rentable space and 20,510 SF of gross building area. Projected monthly income is approx. $109,072 based on HACLA Section 8 rents. Located in a high-demand, transit-accessible area near Metro lines, major employers, and endless dining and retail. Strong potential for long-term cash flow and value appreciation
Address
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- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90004
Details
Updated on November 30, 2025 at 7:05 am- Property ID: HZSR25079690
- Price: $1,990,000
- Property Status: Land
- Listed by: Rana Khanjani
- DRE #: 02021891
- Contact Mail: rana@syncbrokerage.com
- Brokered by: Sync Brokerage
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