Description
On offer is a fully Ellisd 9,400 SF of R4-1 Tier 3 land. The high-density Zoning allows up to 41 Units & approximately 28,000 SF to be built on site with no height limit. Chinatown is changing & growing! Newer dining establishments like Howlin Rays and Majordomo are popping up everywhere, surrounded by classics like Hop Lis and Yang Chows. Recent real estate developments in the area have brought in a younger, wealthier tenant base, and the immediate access to public transportation (under half a mile to the Metro Gold Line & under one mile to Union Station) is helping to make this area the next hottest spot around! With the recently re-done & gorgeous Los Angeles State Historic Park just a stones throw away, and sandwiched between the excitement of Downtown & the up and coming Lincoln Heights/Cypress Park & the already-here Highland Park, the rents that can be had in Chinatown are the envy of the Development Community! Current entitlements exist for a 9 Unit co-living project.
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School Ratings & Info
Description
On offer is a fully Ellisd 9,400 SF of R4-1 Tier 3 land. The high-density Zoning allows up to 41 Units & approximately 28,000 SF to be built on site with no height limit. Chinatown is changing & growing! Newer dining establishments like Howlin Rays and Majordomo are popping up everywhere, surrounded by classics like Hop Lis and Yang Chows. Recent real estate developments in the area have brought in a younger, wealthier tenant base, and the immediate access to public transportation (under half a mile to the Metro Gold Line & under one mile to Union Station) is helping to make this area the next hottest spot around! With the recently re-done & gorgeous Los Angeles State Historic Park just a stones throw away, and sandwiched between the excitement of Downtown & the up and coming Lincoln Heights/Cypress Park & the already-here Highland Park, the rents that can be had in Chinatown are the envy of the Development Community! Current entitlements exist for a 9 Unit co-living project.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-14T14:42:55.27. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.