734 Ardmore AveLos Angeles, CA 90005
- Land
Property Details for 734 Ardmore Ave
- Property type
- Land
Description
This exceptional 6,752 square foot lot, located at 734 S Ardmore Ave in Los Angeles, CA 90005, presents a remarkable opportunity for multi-family development. Situated in the vibrant heart of Koreatown, just one block south of Wilshire Boulevard, this property boasts a highly desirable R4-2 zoning designation, allowing for the construction of up to 29 multi-family units. The APN is 5094-003-007. The property is currently owned by Beesmart OZB, LLC and is being offered for sale by owner at $2,500,000. This prime location offers unparalleled convenience, with easy access to a wealth of amenities including top-notch dining, shopping, and entertainment options. The site benefits from its location within an Opportunity Zone and requires no demolition costs, significantly reducing upfront expenses and accelerating project timelines. This is a truly exceptional opportunity to capitalize on the thriving Koreatown market and create a highly profitable multi-family development. The property is classified as Residential Land and is listed under TOC Tier 3.
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0587
- Longitude
- -118.302
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