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3019 W 6th St

0.11 Acres of Commercial Land Offered at $1,499,000 in Los Angeles, CA 90020

Investment Highlights

  • 14 unit development opportunity.
  • Located in the heart of Koreatown in an opportunity zone.

Executive Summary

Floors #2 - #5: 892 s/f ( 2+ 2) 903 s/f ( 2+2) , 874 s/f ( 2+2) =(each floor 2,669 s/f x 4 floors ) = 10,676 s/f
6th floor: 892 s/f ( 2 + 2 ), 874 ( 2 + 2) = 1,766 s/f
Total Living: 12,442 s/f
Total Building Area: 14,777 s/f
Total Units: 14
1st Floor: 7 parking spaces, 2nd to 6th floor: Living space (6th floor has 2 penthouse units + nice penthouse patio)

Property Facts

Price $1,499,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
Total Lot Size 0.11 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $1,499,000
Price Per AC $13,627,273
Lot Size 0.11 AC

6-Story 14-Unit Multi Residential TOC Apartment

Description

Previously developed lot located in the heart of Koreatown, Los Angeles. Property is located in an opportunity zone and ready for a 14 unit apartment complex development.

Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5077-004-009
Land Assessment
$1,560,600
Improvements Assessment
$114,444
Total Assessment
$1,675,044

zoning

Zoning Code C2-1
C2-1
  • Listing ID: 33876160

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: 3019 W 6th St, Los Angeles, CA 90020

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