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924 S Park View Street

Los Angeles (City), CA 90006
  • $5,450,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: P1-9304
UPDATED: 67 min ago
$5,450,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

Listing Agent(s): Lina Chen of Coldwell Banker Realty ((626) 449-5222) and Kuangkai Kuo of In Realty Inc.(626-802-0335)


Description

Two lots APN's 5136-004-009 & 5136-004-010. 924-930 S Park View Street is a rare development opportunity in LA's prime location, between Koreatown and downtown LA, close to USC Village. This is an extremely high-demand rental market that is continually growing. Plans have been approved for 6-story multi-residential building over 43,660 building SF on 15,000 SF of land. The current design includes 65 units: (20) studios, (30) 1 bedrooms, (10) 1bedrooms+den, and (5) 2-bedroom apartments. All units have balconies and in-unit washers and dryers, also per unit meters for water, gas, and electricity. Other amenities planned include a roof deck with great views of DTLA, fitness center, 69 total parking spaces with 21 EV spaces, and 58 bicycle parking spaces. 7 units are reserved for affordable housing. Currently these two buildings are vacant. Plans are near RTI ready. Can be sold with RTI for $6,500,000.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T07:31:44.907. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/128257848
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924 S Park View Street Los Angeles (City), CA 90006

  • Price: $5,450,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 67 min ago
  • ID#: P1-9304
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1910
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Two lots APN's 5136-004-009 & 5136-004-010. 924-930 S Park View Street is a rare development opportunity in LA's prime location, between Koreatown and downtown LA, close to USC Village. This is an extremely high-demand rental market that is continually growing. Plans have been approved for 6-story multi-residential building over 43,660 building SF on 15,000 SF of land. The current design includes 65 units: (20) studios, (30) 1 bedrooms, (10) 1bedrooms+den, and (5) 2-bedroom apartments. All units have balconies and in-unit washers and dryers, also per unit meters for water, gas, and electricity. Other amenities planned include a roof deck with great views of DTLA, fitness center, 69 total parking spaces with 21 EV spaces, and 58 bicycle parking spaces. 7 units are reserved for affordable housing. Currently these two buildings are vacant. Plans are near RTI ready. Can be sold with RTI for $6,500,000.
Exterior Features

Lot Features Sprinklers None Number Of Separate Electric Meters 1 Parking Total 18 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View YN Yes

Interior Features

Common Walls No Common Walls Cooling YN Yes Fireplace Features None Fireplace YN No Heating YN Yes

Property Features

Association Fee 0 Community Features Sidewalks Garage YN Yes Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 0 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 0 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Trash Expense 0



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T07:31:44.907. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Lina Chen of Coldwell Banker Realty ((626) 449-5222) and Kuangkai Kuo of In Realty Inc.(626-802-0335)