211 N New Hampshire Avenue

    Los Angeles (City), CA 90004
    • $1,250,000
    • STATUS: Closed
    • ON SITE: 56 days
    • ID#: 18398782
    Sold - 12/14/2018
    $1,250,000
    SOLD - 12/14/2018
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,224
      SQFT
    • $296
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    PRICED TO SELL. 1 UNIT TO BE DELIVERED VACANT. Beautiful Spanish style 4 plex with large 2 bedrooms 1 bath each is sitting on massive 7,500 SQ R3 TOC TIER 4 LOT in the Koreatown proper where vacancy rate is the lowest in the county. After leasing the vacant unit at market rate, property will bring in approximately $72,000 yearly as rental income immediately. Property comes with a bonus vacant studio next to garage which was previously permitted as 5th unit in the past. 4 minutes walking distance to Beverly/Vermont Metro Station where Purple line will extend all the way to Beverly Hills and Westwood.TOC Tier 4 allows 80% increase in the otherwise maximum allowable number of dwelling units permitted under the applicable zoning. 18 units to be built on this single lot with NO REQUIRED PARKING. Up to 35% decrease in the required width or depth of two individual yards or setbacks. Three additional stories up to 33 additional feet. Floor Area Ratio (FAR) percentage increase of up to 55%

    Sold by Hong Chul Park of Coldwell Banker Residential Br.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-14T23:31:36.6. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.teamforss.com/homes/88707648

    211 N New Hampshire Avenue Los Angeles (City), CA 90004

    • Price: $1,199,800
    • Status: Closed
    • Updated: 49 min ago
    • ID#: 18398782
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,224
    SQFT
    $296
    $/SQFT
    1922
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    PRICED TO SELL. 1 UNIT TO BE DELIVERED VACANT. Beautiful Spanish style 4 plex with large 2 bedrooms 1 bath each is sitting on massive 7,500 SQ R3 TOC TIER 4 LOT in the Koreatown proper where vacancy rate is the lowest in the county. After leasing the vacant unit at market rate, property will bring in approximately $72,000 yearly as rental income immediately. Property comes with a bonus vacant studio next to garage which was previously permitted as 5th unit in the past. 4 minutes walking distance to Beverly/Vermont Metro Station where Purple line will extend all the way to Beverly Hills and Westwood.TOC Tier 4 allows 80% increase in the otherwise maximum allowable number of dwelling units permitted under the applicable zoning. 18 units to be built on this single lot with NO REQUIRED PARKING. Up to 35% decrease in the required width or depth of two individual yards or setbacks. Three additional stories up to 33 additional feet. Floor Area Ratio (FAR) percentage increase of up to 55%
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Gross Multiplier 0.00 Gross Operating Income 0.00 Improvements Amount 79451 Land Value 225128 Laundry YN No Net Operating Income 0.00 Special Listing Conditions Standard Total Expenses 0.00 Zoning Lar3

    Listing provided courtesy of Hong Chul Park of Coldwell Banker Residential Br.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-14T23:31:36.6. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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