2823 Leeward Avenue
Los Angeles, CA 90005
- – beds
- – baths
- – sqft
- 9,514 sqft lot
- 1922 build
- – on site
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PROPERTY IS IN ESCROW. LOOKING FOR BACKUP. UNIQUE DEVELOPMENT OPPORTUNITY! BUILD 41 UNITS: $47,200 PER UNIT, UN-ENTITLED! SUBJECT Property is confirmed located within the brand new TOC designated qualified TIER-3 zone for a 70% DENSITY BONUS AWARD, yielding 41 residential units (10% of units Extremely low income) allowing for several on menu incentives to make this investment a monumental success! HUGE INCOME PRODUCING "UNENTITLED" lot Zoned R4-2. NO HEIGHT LIMIT! Excellent prime Koreatown adjacent location, walking distance to McArthur Park, 0.5mi to TWO METRO stations, and over 50,000 SQFT OF brand new COMMERCIAL RETAIL AMENITIES. Alternatively, a 23 unit, high end condo project can be built on this site. Immediate pocket area is undergoing massive gentrification with a minimum of 750 brand new apartment and condo units under construction. Currently 6 Tenants are living on property in a 4 unit building.
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Last updated Apr 18, 2024
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MLS# 17274110 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
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View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/21/21
Jan 21, 2021
|
Listed / Active | CRMLS_CA | ||
|
10/29/20
Oct 29, 2020
|
Listed / Active | CRMLS_CA | ||
|
5/16/18
May 16, 2018
|
CRMLS_CA | $2,200,000 | 37.5% |