4
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$2,500,000
Est. payment /mo
7,605 Sqft Lot
New
539 N Alexandria AVE Los Angeles, CA 90004
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25252150
HOA Y/N No
Lot Size 7,605 Sqft
Property Description
Unlock exceptional value with this rare opportunity in the heart of Koreatown. Spanning approximately 7,607 sq. ft. and zoned LAR3, this property comes with approved plans for a 9-unit, 3-story residential development featuring semi-subterranean parking, a true shovel-ready project. Situated in one of Los Angeles' strongest rental markets, this site is surrounded by major new developments and offers unbeatable proximity to popular dining, entertainment, shopping, public transit, and major employment hubs. Foundation work has already begun, providing a head start for developers looking to fast-track construction and realize returns sooner. Don't miss this exceptional opportunity to build modern housing in a high-demand neighborhood. Buyer to verify all zoning and development information with LADBS. Contact listing agent for details!
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Interior
Fireplace No
Exterior
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Water Not Available
View Y/N No
View None
Building
Lot Description Rectangular Lot, Sloped Up, Value In Land
Water None
New Construction No
Others
Senior Community No
Tax ID 5520010023
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Yasmeen Awad Keller Williams South Bay 310-922-3478
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