7
Pending

3901 W 4TH ST LOS ANGELES, CA 90020

$3,500,000

Listed By Thomas Yong Kim, Apple Tree Realty

14

Bedrooms

14

Total Baths

Full Baths

12,015

Square Feet

0.26

Acres

1954

Year Built

Pending

Status

MLS#

22-159183

This property presents a development and/or a stable income generating investment opportunity in prime Koreatown. Tenants are in walking distance to markets, schools, hospitals, offices, etc. This property is located on a huge lot of 11,130 square feet of land and zoned R4-2 with a Tier 3 TOC Designation including a superior land value. This is a 14 unit mid-century garden style apartment, which generates a healthy return while entitling for development of 47 units by utilizing LA City's TOC Program. Buyer to conduct any/all due diligence pertaining but not limited to the development feasibility. Soft Story Retrofit Required. Please do not disturb tenants, drive by only.

Details

Year Built
1954
Parking
11
Price / Sq Ft
$291
HOA
No Info
Cooling
Yes
Heating
Yes
On Website
49 Days
Acres
0.2555

Listing Office Apple Tree Realty, 213-465-4858

MLS# 22-159183

Updated 9:19AM - 7/6/2022

Listing Agent Thomas Yong Kim, 213-222-7574

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2022 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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