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    958 S Grand View St

    Los Angeles, CA 90006
    • $2,300,000
    • STATUS: Active
    • ON SITE: 30 days
    • ID#: 20-572644
    UPDATED: 66 min ago
    $2,300,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Compass has been exclusively retained for the sale of 958 S. Grand View Street in the City of Los Angeles. Excellent location surrounded by developments. This single-family residence with development opportunity is in the heart of Koreatown offers an opportunity to purchase R4 zoning land and build a maximum of 33 units. This area has seen a dramatic change in the last years, with the addition of many new coffee shops, restaurants retail, and new construction housing.The property is made up of an approximately 3,314 Square Feet building, with approximately 7,225 Square Feet land. TOC Tier 3 incentives allows for a developer potentially to build up to 33 units. A great opportunity to buy and build multi-family property on R4zoning. The property can be delivered vacant at COE. Property benefits from significant frontage on the heavily trafficked retail corridor of Olympic Blvd. The property suits the surrounding area demographics and drives significant traffic to this location.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-06T18:43:05.787. 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/106576570
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    958 S Grand View St Los Angeles, CA 90006

    • Price: $2,300,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: 20-572644
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    Compass has been exclusively retained for the sale of 958 S. Grand View Street in the City of Los Angeles. Excellent location surrounded by developments. This single-family residence with development opportunity is in the heart of Koreatown offers an opportunity to purchase R4 zoning land and build a maximum of 33 units. This area has seen a dramatic change in the last years, with the addition of many new coffee shops, restaurants retail, and new construction housing.The property is made up of an approximately 3,314 Square Feet building, with approximately 7,225 Square Feet land. TOC Tier 3 incentives allows for a developer potentially to build up to 33 units. A great opportunity to buy and build multi-family property on R4zoning. The property can be delivered vacant at COE. Property benefits from significant frontage on the heavily trafficked retail corridor of Olympic Blvd. The property suits the surrounding area demographics and drives significant traffic to this location.
    Exterior Features

    Lot Size Area 7225 View Description City View YN Yes

    Property Features

    Cable YN Yes Hoa Fee1 0.00 Sale Type Standard Source Lot Size Area Vendor Enhanced Zoning Lar4

    Listing provided courtesy of Laura Milshteyn Gillaspy DRE#01997655 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-06T18:43:05.787. 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