Great opportunity to build 30-unit mixed 1 beds(13) and 2 beds(17) luxury Apartment in excellent location in Korea town. C2/ R4-2 Zoning at TOC tier 3. zoning net sf will be 25,279 sf. The project is currently in the process of receiving approved entitlements, Entitlement date: December 2019 and Ellis Act Permit. Demolition ready. The property can be delivered vacant at the Close of Escrow. Stories: Common area roof deck over 5 stories type IIIA residential over 1 story type IA residential over 1 story type IA commercial and parking over 1 level subterranean parking. Rent estimates: 1-bedroom $2,100; 2-bedroom $2,600; commercial $3psf per month
Listing courtesy of Joon Lee (02087989) from Landpac Properties.
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