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518 S Park View Street

Los Angeles, CA 90057
  • $1,995,000
  • STATUS: Active
  • ON SITE: 9 Days
  • ID#: SR22168826
UPDATED: 34 min ago
$1,995,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1904
County:

School Ratings & Info

Description

Incredible Development Project!!! Situated in a OPPORTUNITY ZONE, this property is perfectly located in the thriving revitalized area of Macarthur Park/Westlake where currently there are a number of new apartment developments just completed. This property, which sits on a above average R4 zoned Lot is also located in a Trans Oriented Community (TOC) Tier 3 which allows the development of a brand new 30 units apartment building, 6 stories and 1 basement with a roof top using the 70% Bonus Density. Only 3 affordable units would be required of the 30 proposed units. Current tenants are month to month. Motivated seller!

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Based on information from CRISNet MLS as of 2022-08-13T06:57:13.21. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2022-08-13T06:57:13.21. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchhomesincalifornia.com/homes/131562827
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518 S Park View Street Los Angeles, CA 90057

  • Price: $1,995,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 34 min ago
  • ID#: SR22168826
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1904
Built
Neighborhood:
Krea - Koreatown
County:
Los Angeles
Area:
Krea - Koreatown
Property Description
Incredible Development Project!!! Situated in a OPPORTUNITY ZONE, this property is perfectly located in the thriving revitalized area of Macarthur Park/Westlake where currently there are a number of new apartment developments just completed. This property, which sits on a above average R4 zoned Lot is also located in a Trans Oriented Community (TOC) Tier 3 which allows the development of a brand new 30 units apartment building, 6 stories and 1 basement with a roof top using the 70% Bonus Density. Only 3 affordable units would be required of the 30 proposed units. Current tenants are month to month. Motivated seller!
Exterior Features

Lot Features Lot 6500-9999Near Public Transit Lot Size Area 7589.0000 Parking Total 9.00 Uncovered Spaces 5.00

Interior Features

Common Walls No Common Walls Laundry Features Common Area Laundry YN Yes

Property Features

Additional Parcels YN No Community Features Street Lights Exclusions Tenant's Personal Property Land Lease YN No New Construction YN No Pool Features None Pool Private YN No Property Attached YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Water Source Public Zoning Lar4

Listing provided courtesy of Aristide Buhoiu, CA DRE# 01322666, of Royal Estate Properties.


Based on information from CRISNet MLS as of 2022-08-13T06:57:13.21. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2022-08-13T06:57:13.21. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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30700 Russell Ranch Road, Suite 200
Westlake Village CA, 91362