743 Gramercy Dr

    Los Angeles, CA 90005
    • $4,230,000
    • STATUS: Active
    • ON SITE: 87 days
    • ID#: 20-543414
    $4,230,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    BUY AND BUILD!** 743-749 Gramercy Dr, LA 90005. RARE development opportunity in the PRIME KOREATOWN submarket of Los Angeles, delivered 100% un-occupied and fully RTI for 47 units by approximately April 2020. CORNER DOUBLE LOT with 13,108 SQFT zoned R4-1 and TOC TIER 3. Submitted design calls for a 47 Unit luxury apartment building located within immediate walking distance of major amenities in the main Koreatown business center 0.5 miles from the subject. Also located within 0.4 miles (10 min walking distance) of the main METRO station at Wilshire and Western with immediate access to Downtown Los Angeles. The sales packet includes fully stamped and approved Architectural, Structural, landscape, LID and shoring plans, plus approved Soil Report, Survey, and all other pertinent docs and plans as required by the City of Los Angeles LADBS for an RTI approval. WALK SCORE 91. All units with Washer/Dryer and balconies. 5 units Affordable. (**NOTE** RTI does not include building permits).

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-04-09T23:53:56.857. 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/102265660

    743 Gramercy Dr Los Angeles, CA 90005

    • Price: $4,230,000
    • Status: Active
    • ID#: 20-543414
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Hancock Park-Wilshire
    County:
    Los Angeles
    Area:
    Hancock Park-Wilshire
    Property Description
    BUY AND BUILD!** 743-749 Gramercy Dr, LA 90005. RARE development opportunity in the PRIME KOREATOWN submarket of Los Angeles, delivered 100% un-occupied and fully RTI for 47 units by approximately April 2020. CORNER DOUBLE LOT with 13,108 SQFT zoned R4-1 and TOC TIER 3. Submitted design calls for a 47 Unit luxury apartment building located within immediate walking distance of major amenities in the main Koreatown business center 0.5 miles from the subject. Also located within 0.4 miles (10 min walking distance) of the main METRO station at Wilshire and Western with immediate access to Downtown Los Angeles. The sales packet includes fully stamped and approved Architectural, Structural, landscape, LID and shoring plans, plus approved Soil Report, Survey, and all other pertinent docs and plans as required by the City of Los Angeles LADBS for an RTI approval. WALK SCORE 91. All units with Washer/Dryer and balconies. 5 units Affordable. (**NOTE** RTI does not include building permits).
    Exterior Features

    Lot Size Area 13108 View Description Other View YN Yes

    Property Features

    Cable YN Yes Hoa Fee1 0.00 Sale Type Standard Source Lot Size Area Assessor Zoning Lar4

    Listing provided courtesy of Tannaz Kamran-Rahbar DRE#00951232 of Keller Williams Rlty Brentwood.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-04-09T23:53:56.857. 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.
     
    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583