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    1627 Oak St

    Los Angeles, CA 90015
    • $1,175,000
    • STATUS: Active
    • ON SITE: 41 days
    • ID#: 21-703364
    UPDATED: 26 min ago
    $1,175,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    We are pleased to offer for sale this this Fully Entitled Opportunity Zone 11-unit multifamily Development Opportunity, located in the Los Angeles - Pico Union submarket, nestled between Harvard Union and Downtown LA. The development features a 6,937 square foot corner lot, zoned R3-1-HPOZ. The HPOZ & TOC approved design calls for a total of 34-bedrooms + 34-bathrooms, with a unit mix consisting of (6) 3+3 units, (2) 2+2 units, and (3) 4+4 units excellent for Co-living/ Student housing. The design calls for three stories over parking at grade level for 11 vehicles plus bicycle stalls requiring no subterranean parking.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-21T16:42:46.69. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/114950484
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    1627 Oak St Los Angeles, CA 90015

    • Price: $1,175,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: 21-703364
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    We are pleased to offer for sale this this Fully Entitled Opportunity Zone 11-unit multifamily Development Opportunity, located in the Los Angeles - Pico Union submarket, nestled between Harvard Union and Downtown LA. The development features a 6,937 square foot corner lot, zoned R3-1-HPOZ. The HPOZ & TOC approved design calls for a total of 34-bedrooms + 34-bathrooms, with a unit mix consisting of (6) 3+3 units, (2) 2+2 units, and (3) 4+4 units excellent for Co-living/ Student housing. The design calls for three stories over parking at grade level for 11 vehicles plus bicycle stalls requiring no subterranean parking.
    Exterior Features

    Lot Description Lot Shape-RectangularLot-Level/FlatSidewalksStreet Paved Lot Size Area 6937 View Description City View YN Yes Water Frontage None

    Property Features

    Cable YN Yes Sale Type Standard Source Lot Size Area Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Davis Saadian DRE#01921748 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-21T16:42:46.69. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583