$ 899,000
-
$899,000
Price -
2
Bed -
1
Bath -
1,335
SqFt
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About the Listing CLW-X80715 - CLW-C126268,CLW-C141202
R3-zoned development opportunity in Koreatown just south of Silver Lake. The approximately 5,798-square-foot lot offers excellent potential for a double duplex with ADUs, a 3-4 home small lot subdivision, or a multifamily apartment project utilizing one of the state's density bonus programs (Buyer to verify all zoning, development potential, and regulations). The property benefits from close proximity to Silver Lake, Koreatown, Hollywood, and Downtown Los Angeles, placing future residents within minutes of major employment centers, nightlife, dining, and entertainment. With convenient access to the Hollywood Freeway (US-101), this central location presents a compelling opportunity for developers seeking to build new housing in a high-demand rental and residential market.
Listing Highlights
Status
Active
Days on Site
28
Property Type
Residential
MLS ®
26660889
Year Built
1909
Total Square Footage
1,335
Lot/Acreage
0.13
County
Los Angeles
Area
C17 - Mid-Wilshire
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor: Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 50x115
- Zoning: LAR3
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5501016016
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
157 S Virgil Ave Los Angeles, CA 90004
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