924 S Park View St, Los Angeles, CA 90006

Two lots APN's 5136-004-009 & 5136-004-010. 924-930 S Park View Street is a rare development opportunity in LA's prime location, between Koreatown and downtown LA, close to USC Village. This is an extremely high-demand rental market that is continually growing. Plans have been approved for 6-story multi-residential building over 43,660 building SF on 15,000 SF of land. The current design includes 65 units: (20) studios, (30) 1 bedrooms, (10) 1bedrooms+den, and (5) 2-bedroom apartments. All units have balconies and in-unit washers and dryers, also per unit meters for water, gas, and electricity. Other amenities planned include a roof deck with great views of DTLA, fitness center, 69 total parking spaces with 21 EV spaces, and 58 bicycle parking spaces. 7 units are reserved for affordable housing. Currently these two buildings are vacant. Plans are near RTI ready. Can be sold with RTI for $6,500,000.