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    971 S Hoover St

    Los Angeles, CA 90006
    • $3,890,000
    • STATUS: Active Under Contract
    • ON SITE: 159 days
    • ID#: 20-576286
    Under Contract
    UPDATED: 59 min ago
    $3,890,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    Description

    BUY AND BUILD. NON RENT CONTROLLED. FULLY RTI AND SHOVEL READY NOW: BUILDING PERMITS PAID! ABOVE GRADE CONSTRUCTION. Development opportunity for 39 Apartment units in an excellent Koreatown location with the first parking level going down only 5 feet of excavation and the balance of the construction to be built ABOVE GRADE! 25(+3) Parking spaces on 2 levels, plus 5 levels of residential and a roof deck. Very efficient design for a Class A apartment building project geared towards the affluent Millennial population of the LA area. Washer/Dryer in each unit. Land is 9,463 sf, Zoned R4-1 TOC TIER 3. Walk Score 94. NO RSO. NO ELLIS. NO LINKAGE FEE.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-20T18:42:48.407. 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/105813651
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    971 S Hoover St Los Angeles, CA 90006

    • Price: $3,890,000
    • Status: Active Under Contract
    • Updated: 59 min ago
    • ID#: 20-576286
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    Mid-Wilshire
    Property Description
    BUY AND BUILD. NON RENT CONTROLLED. FULLY RTI AND SHOVEL READY NOW: BUILDING PERMITS PAID! ABOVE GRADE CONSTRUCTION. Development opportunity for 39 Apartment units in an excellent Koreatown location with the first parking level going down only 5 feet of excavation and the balance of the construction to be built ABOVE GRADE! 25(+3) Parking spaces on 2 levels, plus 5 levels of residential and a roof deck. Very efficient design for a Class A apartment building project geared towards the affluent Millennial population of the LA area. Washer/Dryer in each unit. Land is 9,463 sf, Zoned R4-1 TOC TIER 3. Walk Score 94. NO RSO. NO ELLIS. NO LINKAGE FEE.
    Exterior Features

    Lot Size Area 9463 View Description Any View YN Yes

    Property Features

    Cable YN Yes Hoa Fee1 0.00 Sale Type Standard Source Lot Size Area Appraiser Source Lot Size Dimensions Assessor Zoning Lar4

    Listing provided courtesy of Tannaz Kamran-Rahbar DRE#00951232 of Keller Williams Rlty Brentwood.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-20T18:42:48.407. 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