924 S Park View Street, Los Angeles, CA, 90006

  • $5,450,000
  • $5,450,000
924 S Park View Street , Los Angeles, CA 90006
Active For Sale
924 S Park View Street , Los Angeles, CA 90006
  • $5,450,000
  • $5,450,000

Description

Two lots APN’s 5136-004-009 & 5136-004-010. 924-930 S Park View Street is a rare development opportunity in LA’s prime location, between Koreatown and downtown LA, close to USC Village. This is an extremely high-demand rental market that is continually growing. Plans have been approved for 6-story multi-residential building over 43,660 building SF on 15,000 SF of land. The current design includes 65 units: (20) studios, (30) 1 bedrooms, (10) 1bedrooms+den, and (5) 2-bedroom apartments. All units have balconies and in-unit washers and dryers, also per unit meters for water, gas, and electricity. Other amenities planned include a roof deck with great views of DTLA, fitness center, 69 total parking spaces with 21 EV spaces, and 58 bicycle parking spaces. 7 units are reserved for affordable housing. Currently these two buildings are vacant. Plans are near RTI ready. Can be sold with RTI for $6,500,000.

  • Address 924 S Park View Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90006
  • Area Not Applicable

Details

Updated on May 14, 2022 at 9:00 am
  • Property ID: P1-9304
  • Price: $5,450,000
  • Land Area: 0.3444 Acres
  • Year Built: 1910
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Subdivision: Not Applicable
  • Fireplace Features: None
  • Appliances: None
  • Pool Features: None
  • Days On Market: 1
  • Garage Spaces: 18.00
  • LotSize SquareFeet: 15001.00
  • Lot Features: Sprinklers None
  • Community Features: Sidewalks
  • AssociationFee: 0.00

Features

Listed by

Coldwell Banker Realty
Agent Name : Lina Chen
Agent State License : 01892807

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Lina Chu
  • Lina Chu