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Listed by Anie Mayelian • Equity Union
$ 2,850,000
Est. payment | /mo
0.3 Acres Lot
$ 2,850,000
Est. payment | /mo
0.3 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CNSR23013083
Lot Size 0.302 Acres
Property Sub-Type Other Residential Land
Source CRISNet
Property Description
We are pleased to present 1310 S St. Andrews Place in Mid-City. Owner will carry financing for 3 years with 35% down payment. Great opportunity to develop 43 units adjacent to Koreatown. The property will be delivered with a letter of determination for 43 units. The 13,141 sq. foot lot is fully entitled. The building will feature subterranean parking, a beautiful lobby, elevator, bicycle room, and rooftop deck with a view of the City. The building will consist of ten 2 bedroom/2 bath units, twenty-eight 1 bedroom/1 bath units, and five singles. The units will range from approximately 400-860 sq. ft. each and the rentable sq. ft. of the finished building will be about 26,862 sq. ft.! Existing structure is a 9-Unit building and two of the units will be delivered vacant at close of escrow! Please see 43-Unit development plans on page 9.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LX
Exterior
View None
Building
Water District - Public
Others
Tax ID 5073008014
Special Listing Condition Not Applicable
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