Excellent Opportunity Zone in Highly Coveted Location of Koreatown. Olympic and Normandie. New Developments are sprawling with thousands of new apartment and condo units in the area right now. DELIVERED RTI in one of the most Densely populated areas of Los Angeles. Plans to build 14 units, (1) Studio, (4) 1+1 and (9) 2+2. Take advantage of TOC Tier 3, Density bonus 70%. C2-1 Zoning. Profitable income producing Development Opportunity. 7 Automobile Parking spaces and 16 Bike spaces. Metro stations and public transportation are walking distance. Wilshire/Normandie Transit/Subway Station (Purple Line). Walk score 93. Hurry, this project will NOT last long!!!
Off market
$2,051,300
3031 W Olympic Blvd, Los Angeles, CA 90006
--beds
0baths
4,324sqft
MultiFamily
Built in 1960
-- sqft lot
$2,051,300 Zestimate®
$474/sqft
$2,463 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- Other
Interior area
- Total interior livable area: 4,324 sqft
Property
Parking
- Total spaces: 7
Lot
- Size: 4,321 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1960
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- Cooling: Other
- SourceLotSizeArea: Vendor Enhanced
- ListingArea: Mid-Wilshire
- ParkingGarage: Other
- ListingStatus: Pending
- UnitTypeType: 2106
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Estimated market value
$2,051,300