Los Angeles, CA 90006,1216 S Westmoreland Ave
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Los Angeles, CA 90006,1216 S Westmoreland Ave
Los Angeles, CA 90006,1216 S Westmoreland Ave
Los Angeles, CA 90006,1216 S Westmoreland Ave
Los Angeles, CA 90006,1216 S Westmoreland Ave
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$ 2,990,000
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1216 S Westmoreland Ave Los Angeles, CA 90006

7 Beds

5 Baths

0.27 Acres Lot


UPDATED:

08/30/2024 09:31 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24-429195

Bedrooms 7

Lot Size 0.269 Acres

Acres 0.2687

Property Description

Attention to all investors, the property consists of large 11,704 square foot zone LAR4 which gives a lot of development value in booming Koreatown. Located in Koreatown which is known for the fast developing opportunities and its close proximity to Downtown, Hollywood, Wilshire/Vermont Metro Subway Station, The Grove makes it easy for many attractions. Easily accessible by 10 Fwy 110Fwy. The existing 4plex structure consists of 7 bedroom, 5 bathroom and 4619 square foot living spaces built in 1936. 1 of the unit is currently occupied by a tenant, 1 unit occupied by owner and 2 units are VACANT. Active developer must acquire proper development plans, permit and evict current tenants. Buyer and Buyers agent are responsible for verifying the accuracy of all information and do their own due diligence and independently verify all information.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Flooring Hardwood

Equipment Range/Oven, Garbage Disposal

Exterior

Parking Features Other

Garage Spaces 8.0

Waterfront Description None

View Y/N Yes

View Other

Building

Story 2

Level or Stories Two, One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Real Estate eBroker Inc.

Pure Luxury Realty

Broker

+1(562) 392-0668

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1216 S Westmoreland Ave