Leeward Avenue
Leeward Avenue Los Angeles, California 90005 United States

$2,695,000
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TRAVIS ELY

Listing Courtesy of TRAVIS ELY
$2,695,000
Change Currency
.25 Acres
Exterior
Residential Income
Property type
1921
Year Built
WS20096019
Web Id
WS20096019
MLS ID
Los Angeles Unified
School District
16
days ago

About Leeward Avenue

This 10 unit apartment complex is in the heart of many large developments in the Koreatown area including the 31 story, 644 apartment project on Wilshire and Hoover. Down the street from brand new condos for sell as well as directly adjacent to the new Gateway project on 8th set to break ground in August of this year. A savvy investor could build up to 48 units with TOC tier 3. This quarter of an acre lot on the corner of Leeward and Magnolia allows for easier access for parking layouts and is zoned R4-2 with no height restrictions. The lot is also 70 feet wide compared to the average 60 foot on the block. An investor could purchase and hold knowing well-zoned land is becoming harder to come by.

Listing Courtesy of TRAVIS ELY, Savannah MLS

features

lot description
Corner Lot
Style
Historic

PROPERTY INFORMATION

Community Info
Curbs, Street Lights, Urban
Garage Info
0
Sewer
Public Sewer
Water
Public

EXTERIOR

Lot Description
Corner Lot
Roofing
Rolled/Hot Mop

ADDITIONAL INFORMATION

Number of Units
10
Listing Courtesy of TRAVIS ELY