$12,039,957*
●
Land -
Off Market
2877 FRANCIS Avenue
Los Angeles (City), CA 90005
Studio
0 Bath
$7,605,000 - $9,295,000
Reference Base Price*
42.48%
Since Apr 1, 2020
CA-Los Angeles
Primary Model
About This Property
Presented for sale is a 4-Parcel Assemblage in prime Koreatown.
With a combined lot size of 27,000 SF and R4-2 (Tier 3 TOC) zoning,
this site perfectly lends itself to be a prime development
opportunity. The buildings on the lot, which currently hold nine
units, have already been Ellis'd and will be delivered
vacant!~Developers can build 67~ units by right and 116~ units
using a TOC density bonus.~The project site is situated just three
blocks from the legendary Park's BBQ, positioned in the heart of
Los Angeles' Koreatown District. Around the corner from the Metro
Station at Wilshire and Vermont, this location provides residents
with direct access to an abundance of public transit options,
nightlife, restaurants, coffee shops and much more in this
burgeoning K-Town pocket.
Unit Size
-
Days on Market
-
Land Size
27,000.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1922
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 8, 2020 | No longer available | - | |
| No longer available | |||
| Nov 14, 2019 | Listed | $8,450,000 | |
| Listed | |||
Property Highlights
2877 FRANCIS Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
11/14/2019
|
|
Studio
|
-
|
-
|
$8,450,000
Studio
-
|
-
-
|
-
|
-
|
Building Info
