Prime Koreatown Development Opportunity - 32,674 SF of R4 Tier 3

1110 South Oxford Avenue, Los Angeles, CA

$9,600,000

Price

32,674 sqft

Lot Area

R4-1VL Tier 3

Zoning

Overview
Lot Area
32,674 sqft
Zoning
R4-1VL Tier 3
Permits
No
Description

Presented for sale is a 6 parcel assemblage in prime Koreatown. With a combined parcel size of over 32,000 SF and R4-1VL (Tier 3 TOC) zoning, this site perfectly lends itself to be a prime development opportunity. Considering that up to around 140 units may be built with max densities, we believe this site suits itself to build max units but smaller projects may pencil just as well.

Around the corner from the Olympic and Western intersection, this site is walking distance to everything, including the Metro station at Wilshire and Western.

Nightlife, restaurants, coffee shops and much more are aplenty in this burgeoning Koretown pocket.

This is an assemblage of different sellers with a common goal to sell together as one transaction. Currently only four tenants on site; may be deliverable vacant.

Addresses: 1110 Oxford Ave., 1116 Oxford Ave., 1118 Oxford Ave., 1124 Oxford Ave., 3122 11th St. and 3126 11th St.

Highlights
  • Six contiguous R4 Lots in Prime Koreatown
  • A block from El Cholo and Much More!
  • Surrounded by Dining, Nightlife, Public Transportation...and all.
  • Walker's Paradise - Walk Score gives this location a 94
  • Build up to 140± Units with TOC
  • Build up to 81± Units by Right
Documents

Location
Gallery