$1,100,000

We are pleased to offer an excellent development and rental investment opportunity conveniently located between Hollywood and Koreatown. The offering is located on a quiet residential street among multiple new developments; hip restaurants, clubs, shops, markets, entertainment venues and the 101 Freeway. THE LOT HAS AN ALLEY BEHIND IT; WHICH OFFERS MORE BUILDABLE SPACE, it is also 6,369 SF (50 x 127) and zoned LAR3. Numerous new apartment buildings have recently opened next to the subject The entire area is going through a resurgence with several high profile developments. The home located on the lot is in good condition and large: 3,968 SF, with 2 kitchens (1 upstairs and 1 downstairs) 9 bedrooms and 4.25 bathrooms; thus allowing the buyer rental opportunity. Please do not disturb residents. Buyer to conduct their own investigations. Property sold "as is."