Excellent opportunity to remodel this classic Craftsman in Koreatown or build new. Existing home Lot size is approximately 6,752 sqft, Zoned LAR4. Possibility for a developer to build 16 units by right or up to 29 units using TOC incentives. TOC incentives allow for reduced parking & setback requirements and increased density options. Lot dimensions are ~ 50 ft by 135 ft. Buyer to verify all zoning and TOC guidelines with LADBS. Do not miss this prime opportunity to build on one of the last remaining undeveloped R4 lots in Koreatown! House in front is 1,900 sq ft 3bd/2ba and there is a separate 800 sq ft permitted 2 story rec room at rear of property built in 1986, which you could possibly convert to an ADU. Currently tenant occupied. Do not walk on property.
Eugene Ridenour, Compass.
Based on information from California Regional Multiple Listing Service, Inc. as of December 26th, 2025 at 8:26pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.