OPPORTUNITY ZONED 50% UPSIDE POTENTIAL! Beautiful Spanish style 4 plex with large 2 bedrooms 1 bath each is sitting on massive 7,500 SQ R3 TOC TIER 4 LOT in the Koreatown proper where vacancy rate is the lowest in the county. Property comes with a bonus 2 Bedroom unit next to garage which was previously permitted as 5th unit in the past. 4 minutes walking distance to Beverly/Vermont Metro Station where Purple line will extend all the way to Beverly Hills and Westwood. TOC Tier 4 allows 80% increase in the otherwise maximum allowable number of dwelling units permitted under the applicable zoning. 18 units to be built on this single lot with NO REQUIRED PARKING. Up to 35% decrease in the required width or depth of two individual yards or setbacks. Three additional stories up to 33 additional feet. Floor Area Ratio (FAR) percentage increase of up to 55%
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