**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.
For sale
$1,049,900
1612 Arlington Ave, Los Angeles, CA 90019
6beds
2,141sqft
Est.:
Residential, Single Family Residence
Built in 1907
8,542.12 Square Feet Lot
$1,058,900 Zestimate®
$490/sqft
$-- HOA
What's special
Potential for multi-family redevelopment
- 6 days
- on Zillow |
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