$1,870,000

2954 W 8th Street, Los Angeles, CA 90005

17,117

Square feet

6,421

Lot Size

28

# Of Units

Listing Agent
Ki Seon Im - Ivy Realty Co.

Builder/Developer/Contractor Opportunity - 100% RTI. Welcome 7 Story 28 Unit development project in the heart of Koreatown priced at only 78k per buildable unit. Sold with Architectural drawing with RTI permit stamped and ready to go!! Walking distance to Wilshire/Vermont Metro Station (0.4 mi), Restaurants and bars in Koreatown, and just a short drive to Hollywood, DTLA, and Staples. Recently listed property sits on a large 6,250 SF lot adjacent to 8th street within the Los Angeles TOC Tier 3 with a LAR4-2 zoning code. Preliminary Plans call for 28 units and 17,117 SF of floor area(29,682 SF of building area after completion) in 6 levels of residential over 1 level of ground floor parking level and 1 level of subterranean parking for a total of 14 parking spaces. The proposed unit mix includes 17 1-bedrooms, 10 studios, and 1 3-Bedrooms units. The property will be delivered vacant. Property showing only upon acceptance of offer. Buyer to verify all facts!! DON'T MISS OUT!!

Facts & Features

MLS® # 23231259
Price $1,870,000
Bathrooms 0.00
Square Footage 17,117
Lot Size 6,421
Year Built 1911
Type Residential Income
Status Active
# Of Units 28

Community Information

Address 2954 W 8th Street
Area C17 - Mid-Wilshire
City Los Angeles
County Los Angeles
State CA
Zip Code 90005

Amenities

Parking Spaces 14
Is Waterfront No
Has Pool No
Pool None

Interior

Heating None
Cooling None
Has Basement No
Fireplace No

Additional Information

Date Listed January 23rd, 2023
Days on Market 4
Zoning LAR4
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentKi Seon Im
OfficeIvy Realty Co.

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?