PRIME KOREATOWN CORNER LOT. Rare re-development opportunity! Permits to be delivered ready to issue (RTI). Existing structure is VACANT - no tenants. Plans call for 14 new luxury units - 6 two-bdrm units and 8 three-bdrm units in a high rent demand area. NONE are affordable/low income units. Plans call for all parking to be on street level - NO costly and time consuming underground parking!! The Property is surrounded by new development. Buyer & Seller to comply with each other's 1031 tax exchange. All listed rents are estimated based on final lease price of comparable apartments in the area. Also listed under "Land" as MLS# 18-362376.
BRENT ROBERTS Realtor | CA BRE# 01946139 | 619-762-4883
GET A FREE CONSULTATION Find out what your home is really worth!