Listed By:
Jacob Kesherim with Keller Williams Beverly Hills;
Address
1225 S Harvard Boulevard, Los Angeles, CA
Price
$ 1,200,000
Property Attributes
  • MLS#23268169
  • TypeLand
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid-Wilshire
  • NeighborhoodELECTRIC RAILWAY HOMESTEAD ASSOCIATION TRACT
  • Zip90006
  • Style
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,920 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

This property is a rare investment opportunity located in the heart of Koreatown. With approximately 13 buildable units and a Tier 2 designation in a transit-oriented community, it's perfect for those seeking a high return on investment. The owner-user duplex will be delivered vacant, making it easy for you to develop the property without tenant relocation fees. The property is priced at $202 per land square foot. This amazing property is located in the heart of Koreatown with quick access to the 10 & 110 freeway. A rising area for development with nearby office buildings, hotels, retail, restaurants and a very unique nightlife! Don't miss out on this chance to invest in one of LA's most desirable locations. Buyer to do their own due diligence regarding possibilities for development. Property inspection subject to accepted offer. Please do not call the seller as the property is listed.

Price History
5/11/2023 Listed $1,300,000
6/16/2023 8% - $1,200,000

General Features

Possession CloseOfEscrow
Zoning LAR3
View None
County Los Angeles
New Construction No
Property Type Land
HOA / Comm Assn No
Attached Garage No
Subdivision Name ELECTRIC RAILWAY HOMESTEAD ASSOCIATION TRACT
Garage Y/N No
Special Listing Conditions Standard
Status Active
Directions ELECTRIC RAILWAY HOMESTEAD ASSN LOT/SEC 6 BLK/DIV/TWN 40
City Los Angeles
View Y/N No
Senior Community Y/N No
MLS Area C17 - Mid-Wilshire
Lot Size Square Feet 5918.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Harvard
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 37
Standard Status Active
MobileHomeRemainsYN No

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Street Suffix Boulevard
Electric On Property Y/N No

Exterior Features

Total Parking 0.0
Lot Size Area 5918.0
Spa No
Lot Size Acres 0.1359
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 90006

Price
AVG $1.54M
$1.2M
Visits
AVG 165
213
Data Provided by Inside Real Estate®
Walkscore
AVG 90
92
Data Provided by Walkscore® not using MLS data