211 N New Hampshire Avenue

    Los Angeles (City), CA 90004
    • $1,499,700
    • STATUS: Active
    • ON SITE: 33 days
    • ID#: 20572954
    UPDATED: 52 min ago
    $1,499,700
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    OPPORTUNITY ZONED 50% UPSIDE POTENTIAL! Beautiful Spanish style 4 plex with large 2 bedrooms 1 bath each is sitting on massive 7,500 SQ R3 TOC TIER 4 LOT in the Koreatown proper where vacancy rate is the lowest in the county. Property comes with a bonus 2 Bedroom unit next to garage which was previously permitted as 5th unit in the past. 4 minutes walking distance to Beverly/Vermont Metro Station where Purple line will extend all the way to Beverly Hills and Westwood. TOC Tier 4 allows 80% increase in the otherwise maximum allowable number of dwelling units permitted under the applicable zoning. 18 units to be built on this single lot with NO REQUIRED PARKING. Up to 35% decrease in the required width or depth of two individual yards or setbacks. Three additional stories up to 33 additional feet. Floor Area Ratio (FAR) percentage increase of up to 55%

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-31T17:26:08.173. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.

    www.playavistaliving.com/homes/105357914

    211 N New Hampshire Avenue Los Angeles (City), CA 90004

    • Price: $1,499,700
    • Status: Active
    • Updated: 52 min ago
    • ID#: 20572954
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1922
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    OPPORTUNITY ZONED 50% UPSIDE POTENTIAL! Beautiful Spanish style 4 plex with large 2 bedrooms 1 bath each is sitting on massive 7,500 SQ R3 TOC TIER 4 LOT in the Koreatown proper where vacancy rate is the lowest in the county. Property comes with a bonus 2 Bedroom unit next to garage which was previously permitted as 5th unit in the past. 4 minutes walking distance to Beverly/Vermont Metro Station where Purple line will extend all the way to Beverly Hills and Westwood. TOC Tier 4 allows 80% increase in the otherwise maximum allowable number of dwelling units permitted under the applicable zoning. 18 units to be built on this single lot with NO REQUIRED PARKING. Up to 35% decrease in the required width or depth of two individual yards or setbacks. Three additional stories up to 33 additional feet. Floor Area Ratio (FAR) percentage increase of up to 55%
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Cooling None Cooling YN No Heating None Heating YN No

    Property Features

    Gross Income 0.00 Gross Multiplier 0.00 Gross Operating Income 0.00 Net Operating Income 0.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 0.00 Zoning Lar3

    Listing provided courtesy of Vinnie Park of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-31T17:26:08.173. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.

     
    Team Tami | Palm Realty Boutique
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    Playa Vista CA, 90094