734 Manhattan PlLos Angeles, CA 90005
- Land
Property Details for 734 Manhattan Pl
- Property type
- Land
Description
This exceptional 15,000-square-foot vacant lot presents a remarkable development opportunity in the heart of Los Angeles' Koreatown. Located at 734 S Manhattan Pl, 90005, this property boasts TOC Tier 3 and R4-2 zoning, allowing for immediate construction of a fully approved 64-unit, seven-story building. Alternatively, the site is suitable for an ED1 100% affordable housing project. The existing RTI (Ready-to-Issue) plans detail a 61,639-square-foot building encompassing 60 units plus 4 ADUs, with a unit mix of 24 studios, 30 three-bedrooms, 6 four-bedrooms, and 4 ADUs. Six units must be dedicated to extremely low-income affordable housing. Parking includes 33 automobile spaces, 49 long-term bicycle spaces, and 12 short-term spaces. The property's central location, just two blocks from the Wilshire/Western intersection, provides convenient access to Koreatown's amenities and major transportation routes, including easy access to Downtown LA, Hollywood, Los Feliz, Silver Lake, and Hancock Park. Currently vacant, this site offers a seamless development process without tenant relocation challenges. This is a truly unique opportunity to capitalize on the thriving Koreatown market.
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0586
- Longitude
- -118.31
Comparable in this City
Similar Nearby for Sale
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].