
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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0BEDS
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0.34ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
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.
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.