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2877 Francis Avenue, Los Angeles (City), CA

$8,450,000 - $8.5M Price - 27,000 Lot Sq. Ft - 21 DOM

Presented for sale is a 4-Parcel Assemblage in prime Koreatown. With a combined lot size of 27,000 SF and R4-2 (Tier 3 TOC) zoning, this site perfectly lends itself to be a prime development opportunity. The buildings on the lot, which currently hold nine units, have already been Ellis'd and will be delivered vacant! Developers can build 67± units by right and 116± units using a TOC density bonus. The project site is situated just three blocks from the legendary Park's BBQ, positioned in the heart of Los Angeles' Koreatown District. Around the corner from the Metro Station at Wilshire and Vermont, this location provides residents with direct access to an abundance of public transit options, nightlife, restaurants, coffee shops and much more in this burgeoning K-Town pocket.

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Essential Information

For 2877 Francis Avenue, Los Angeles (City), CA
  • MLS® # 19530128
  • Price $8,450,000
  • Lot Square Footage 27,000
  • Type Lot-Land
  • Sub-Type Lots and Land
  • Status Active

Community Information

For 2877 Francis Avenue, Los Angeles (City), CA

Amenities

For 2877 Francis Avenue, Los Angeles (City), CA
  • View See Remarks

Additional Information

For 2877 Francis Avenue, Los Angeles (City), CA
  • Date Listed November 14th, 2019
  • Days on Market 21
  • Zoning R4-2 Tier 3

2877 Francis Avenue Los Angeles (City) MLS® #19530128

You are viewing the for at 2877 Francis Avenue with the MLS® 19530128 on Previewochomes.com. This at 2877 Francis Avenue, CA . 90005 is currently for featuring a 27000 sq.ft. lot and listed for sale at $8,450,000. This for at 2877 Francis Avenue with the MLS® # 19530128 has been listed since 2019-11-14.

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Based on information from California Regional Multiple Listing Service, Inc. as of December 6th, 2019 at 3:55pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Property Listed By: Dario Svidler(01884474) of Compass