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    211 N New Hampshire Ave

    Los Angeles, CA 90004
    • $1,600,000
    • STATUS: Active
    • ON SITE: 68 days
    • ID#: 20-605446
    UPDATED: 70 min ago
    $1,600,000
    • 8
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,224
      SQFT
    • $379
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:
    Area:

    School Ratings & Info

    Description

    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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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-27T21:42:14.527. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/108052077
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    211 N New Hampshire Ave Los Angeles, CA 90004

    • Price: $1,600,000
    • Status: Active
    • Updated: 70 min ago
    • ID#: 20-605446
    8
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,224
    SQFT
    $379
    $/SQFT
    1922
    Built
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    Mid-Wilshire
    Property Description
    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%
    Exterior Features

    Lot Size Area 7501 Other Structures None Parking Garage Other Total Parking 4

    Interior Features

    Baths Total 4.00 Cooling None Den No Dining Room No Equipment None Family Room No Heating None

    Property Features

    Gross Income 0 Gross Operating Income 0 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 0 Type Of Units 4 Plex Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Vinnie Park DRE#02015848 of Coldwell Banker Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-27T21:42:14.527. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355