904 Ardmore AveLos Angeles, CA 90006
- Residential income properties
Property Details for 904 Ardmore Ave
- Property type
- Residential income properties
- Property subtype
- Other land
Description
This 6,750 square foot lot in Los Angeles' Koreatown offers a prime development opportunity. Located at 904 S Ardmore Ave, the property is zoned R4-2, allowing for high-density development. A Transit-Oriented Communities (TOC) Tier 3 bonus provides a potential 70% density increase. Preliminary studies suggest the site could accommodate up to 28 units, with further potential through affordable housing incentives. The land is fully cleared and demolition-ready, allowing for immediate construction. Its central location near Wilshire Boulevard offers excellent access to public transportation (Metro lines) and major freeways (10 and 110). Nearby cultural landmarks and amenities, including the Wiltern Theatre, enhance the property's appeal. This presents a unique chance to capitalize on the high demand for housing in this rapidly growing area, making it an exceptional investment opportunity for high-density multifamily or mixed-use development. The APN is 5094021015. The property is located in Los Angeles County, CA, zip code 90006.
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0556
- Longitude
- -118.302
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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