Major price improvement by $500k - sellers' are very motivated!!! Don't miss out on this development opportunity located in the highly sought after Korea-Town area. The home is zoned R3 and is possible to build up to 7 units, and up to 11 units with the bonus density guideline per the city of Los Angeles (Call city of Los Angeles Planning/Zoning to Verify). Currently, the main home is a 2 bedroom and 2 bath home and it is in excellent condition. There is an ADU, 10X13 - 1 bedroom 1 bath that is permitted (Buyers to verify w/ the city) and is currently renting at $1300/mo. Buyer to do their own due diligence. Bring your highest and best offer now!
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