$1,290,000
Los Angeles, CA 90006
3
Beds
2
Baths
1,772
Sq. Ft.
1923
Year Built
Los Angeles
County
ResidentialIncome
Property Type
EXCELLENT REDEVELOPMENT POTENTIAL WITH STRONG INCOME PROFILE! This Koretown property is zoned R-4 and located within a TOC Tier-3 transit incentive area, offering significant development value near major transit routes. Currently generating $55,380 in gross annual rental income, making it a smart "hold-while-you-plan" opportunity - cash flow positive during entitlement and pre-development phases. With R-4 zoning and Tier-3 incentives near public transit, this site presents an attractive hold-and-develop investment. Seller is MOTIVATED & OPEN to discussions, with a positive intent to sell. Serious and well-qualified inquireis and offers are welcomed!
$6,866/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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