**PRICED TO SELL** 4-UNIT RTI DEVELOPMENT OPPORTUNITY WITH PAID PERMITS | SB8 CLEARED | SHOVEL READY | DELIVERED VACANT. Exceptional investment opportunity in the Pico-Union/Koreatown corridor featuring an existing vacant triplex on a 6,290 SF corner lot. The property includes fully approved RTI plans and approximately **$70,000 in paid permits**, allowing a developer to begin construction without the lengthy entitlement process. The approved project offers approximately 8,202 SF of gross building area with an attractive unit mix consisting of **Four Townhome Units w/ Attached 2-Car Garage** - Two 5-bed (plus office) / 5-bath units and Two 4-bed / 5-bath units. Each unit features en-suite bathrooms throughout and a private two-car garage, making the project well suited for co-living, student housing, or high-demand rental use. Additional ADU potential may exist, subject to buyer verification and applicable city requirements. Centrally located near Koreatown, Downtown Los Angeles, USC, and the I-10 and I-110 freeways. An excellent build-to-sell or long-term investment opportunity. Renderings are conceptual and may not reflect the final approved plans. Buyer to independently verify all plans, permits, square footage, development potential, and ADU feasibility.
Lot/land
Listed by: Sync Brokerage • Rana Khanjani • Contact: 818-723-9071
$1,077,000
1511 S New Hampshire Ave Lot 18, Los Angeles, CA 90006
--beds
--baths
6,290Square Feet
Unimproved Land
Built in ----
6,290 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 152 days
- 36
- 0
Zillow last checked:
Listing updated:
Listed by:
Rana Khanjani DRE #02021891 818-723-9071,
Sync Brokerage
Source: CRMLS,MLS#: SR26189486
Originating MLS: California Regional MLS
Facts & features
Property
Features
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,290 Square Feet
- Features: Corner Lot
Details
- Parcel number: 5075004019
- Zoning: LARD1.5
- Special conditions: Standard
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Date on market: 8/31/2026
- Cumulative days on market: 152 days
- Listing terms: Cash,Owner May Carry,Private Financing Available
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for sale | $1,077,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Harvard Heights
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