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Builder/Developer/Contractor Opportunity - 100% RTI. Welcome 7 Story 28 Unit development project in the heart of Koreatown priced at only 78k per buildable unit. Sold with Architectural drawing with RTI permit stamped and ready to go!! Walking distance to Wilshire/Vermont Metro Station (0.4 mi), Restaurants and bars in Koreatown, and just a short drive to Hollywood, DTLA, and Staples. Recently listed property sits on a large 6,250 SF lot adjacent to 8th street within the Los Angeles TOC Tier 3 with a LAR4-2 zoning code. Preliminary Plans call for 28 units and 17,117 SF of floor area(29,682 SF of building area after completion) in 6 levels of residential over 1 level of ground floor parking level and 1 level of subterranean parking for a total of 14 parking spaces. The proposed unit mix includes 17 1-bedrooms, 10 studios, and 1 3-Bedrooms units. The property will be delivered vacant. Property showing only upon acceptance of offer. Buyer to verify all facts!! DON'T MISS OUT!! MLS® ID: 21794076 Listed: 5/30/22 Updated: 10/17/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Cooling: None Heating: None Exterior/Building Features Lot Size: 6,421 ft2 lot Other Property Details Area Name: C17 - Mid-Wilshire Garage: No Parking: Detached Carport Parking Total: 14.0 View: N County: Los Angeles Pool: No Total Stories: 1 Zoning: LAR4 Property History Date Event Price Value 8/15/22 Active - - 6/29/22 Active Under Contract - - Courtesy of Ivy Realty Co., Ki Im, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/17/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.