For Sale
$1,200,000

1225 Harvard BlvdLos Angeles, CA 90006

Prime Koreatown lot, 5,918 sq ft, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 5,918 square foot lot presents a rare investment opportunity in the vibrant Koreatown neighborhood of Los Angeles, California. Located at 1225 S Harvard Blvd, Los Angeles, CA 90006 (APN 5080-020-006), this commercially and residentially zoned (LAR3) property offers significant potential for development. Priced at $1,200,000 ($202/sq ft), it's ideally situated for high-density development, with preliminary assessments suggesting the possibility of approximately thirteen buildable units. The property's transit-oriented community location and Tier 2 designation further enhance its appeal. Currently featuring a vacant owner-user duplex, this eliminates the complexities and costs associated with tenant relocation. The convenient location provides easy access to the 10 and 110 freeways, placing it within close proximity to a thriving mix of office buildings, hotels, retail establishments, restaurants, and a dynamic nightlife scene. This makes it an attractive proposition for developers seeking to capitalize on Koreatown's growth. Prospective buyers are advised to conduct their own due diligence regarding development possibilities. Property inspections are contingent upon the acceptance of an offer.

Highlights

  • $1,200,000 asking price.
  • 5,918 square foot lot.
  • LAR3 zoning.
  • $202 per square foot land value.
  • Broker co-op available.
  • Los Angeles, CA location at 1225 S Harvard Blvd, APN 5080-020-006.

Property Details for 1225 Harvard Blvd

Property type
Land

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.048300374572
Longitude
-118.30418913368
1225 Harvard Blvd, Los Angeles, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1225 Harvard Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message