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Listed by: Matthew Paul (310) 499-3579 DRE #01394372 | Rodeo Realty (310) 724-7100
$1,295,000
-- Bed
- -- Bath
7,513sqft lot
933 S Gramercy Pl, Los Angeles, CA 90019
$1,295,000
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Land
Built in -
$-- HOA
7,513 sqft lot
$172/sq.ft
Description
933 South Gramercy Place offers a prime ground-up multifamily development opportunity in Los Angeles' thriving Mid-City/Koreatown corridor. This vacant parcel is zoned LAR3 on a 7,506 square foot lot and benefits from TOC Tier 3 incentives, allowing for a density bonus above the base zoning while reducing parking and setback requirements. Previously approved plans for DEMOLITION OF EXISTING SFD AND CONSTRUCTION OF NEW 17-UNIT, 6-STORY 67-FEET IN HEIGHT, 16,373 SF APARTMENT BUILDING. The property is currently presented with a fully conceptualized plan for 17 units, including two deed-restricted affordable units to satisfy TOC requirements, offering investors a bold but rea...
Continue ReadingProperty Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
7,513 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25589527
MLS Status
Active
Days on Market
144
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