Detailed Introduction Of This Home
This incredible 6 units is a 7,761 square foot multi-family home on a 8,549 square foot lot with 10 bedrooms and 6 bathrooms. This apartment community was built in 1923 and has 2 stories. Zone R3- please follow the TOC guidelines attached in the supplement, in the Opportunity Zone. Excellent opportunity for developer and/or investor. Adjacent Mid-Wilshire neighborhood. The property is in the heart of Koreatown neighborhood in Los Angeles. Easy access to surrounding areas including Larchmont Village, Country Club Park, Miracle Mile, Koreatown, Hollywood, Downtown, Chinatown. Additionally, the building is conveniently located near the 110, 101 and 10 Freeways.
It is one of the most popular sections of LA. This submarket has been on the rise for years as more and more luxury developments pour into the area pushing a high occupancy rate in the last decade. Koreatown is a thriving market with many new developments taking place and a strong demand for housing in the area. This building is an attractive investment, in a prime location. This property has 2 addresses 3810 W. 1st St and 101 S. Catalina St on a corner lot.