$1,195,000
RTI SB8 CLEARED | PERMITS PAID | SHOVEL READY | DELIVERED VACANT | Exceptional value-add and development opportunity in the Pico-Union / Koreatown corridor. Existing vacant triplex situated on a 6,288 SF lot. Comes with fully approved RTI plans and approximately $70,000 in paid permits—no entitlement risk and ready to build immediately. Approved plans feature a 4-unit project with an attractive unit mix: (2) 5-bed + office / 5-bath units and (2) 4-bed / 5-bath units, each with private 2-car garages and en-suite bathrooms throughout, designed for co-living or high-demand rental use. Prime central location near Koreatown, Downtown LA, USC, and major freeways (I-10 & I-110), making this an ideal build-to-sell or long-term hold opportunity. Renderings may not entirely reflect final plans. Please contact the listing agent for more details.
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Listed by Rana Khanjani with Sync Brokerage (818) 770-3660
Property Type
Land
Status
Active
MLS Number
SR26068379
Year Built
N/A
Lot Size
6,290 sq ft