1134 Harvard BlvdLos Angeles, CA 90006

This exceptional 5,900 square foot lot in Los Angeles' vibrant Koreatown offers a unique investment opportunity. Priced at $1,450,000 ($245.76/sq ft), the property is zoned LAR3 and comes with a ready-to-issue (RTI) permit for an 11-unit apartment building. The planned development includes seven one-bedroom, one-bathroom units and four studio units, catering to the high demand for multifamily housing in this rapidly growing area. Located at 1134 S Harvard Blvd, the site boasts convenient access to major freeways (10 & 110), public transportation, and a wealth of amenities, including proximity to Downtown Los Angeles, Staples Center, LA Live, the Convention Center, and USC. Koreatown's thriving atmosphere, featuring office buildings, hotels, retail, restaurants, and a vibrant nightlife, makes this a prime location for development. While plans have been submitted, the buyer will be responsible for permit fees. This is an exceptional chance to capitalize on the burgeoning Koreatown real estate market. The APN is 5080-026-019.