Property Description

**Prime Development Opportunity Near Koreatown Ripe for Multi-Family Building** Introducing a rare Vacant property located just minutes from the heart of vibrant Koreatown, this charming single-family residence sits on a spacious RD2-zoned lot, offering exceptional potential for multi-family redevelopment. 3 Units (Front Duplex and Rear ADU) with potential rental income of $7,500 per month. Walking distance to Koreatown's top restaurants, shops, and cafes. Quick access to DTLA, Hancock Park, and major freeways. High-demand rental area with strong appreciation trends. Whether you're an owner-user looking to live now and build later, or a savvy developer ready to capitalize on LA's growing housing demand, this property offers the flexibility and location to make it a standout investment.

ESSENTIAL INFO

• Status: Active
• Architecture: Traditional