Incredibly rare opportunity to own an R4-2 lot to develop in the heart of Koreatown. 8th & Harvard is the most prestigious area of Koreatown. Hip and trendy restaurants, bars, entertainment, markets, hotels and Wilshire Finance District are all in walking distance. Northeast corner of subject property is being developed by well-known developer for a 5-parcel redevelopment project. 8th & Serrano is being developed for 400-unit Mixed-use. 8th Street in Koreatown is the trendy center of Koreatown with all the new buildings and diverse ethnic group coming in this area for food and entertainment. This is a rapidly growing area with enormous upside potential to build 16 units by right and up to 28 units with the TOC density bonus. This lot is very close to 110 Fwy, 101 Fwy and 10 Fwy and very close to DTLA, Westlake, Hollywood Echo Park and Silverlake.
Based on information from California Regional Multiple Listing Service, Inc. as of March 4th, 2021 at 7:11am PST. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.