NEW PRICE! Under $60,000/door with TOC pre-construction! We are pleased to present for sale an R4-1, TOC TIER 1, development opportunity located on a beautiful palm-tree lined street in the Rampart Village neighborhood of Los Angeles. Home will be delivered VACANT at closing=No dealing with costly tenant relocation with this one! Due to its excellent location between Koreatown and Downtown LA, this is a prime development opportunity for investors to capture rising rents in a rapidly gentrifying rental market. Lot size is approximately 9000 sqft meaning a developer can build 22 units by right or up to 35 units utilizing the new TOC regulations. TOC provides for reduced parking and setback requirements (buyer to verify). This single family home sits on a wide street with an alley behind, great for parking! Don't let this opportunity pass!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
