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2861 Leeward LOS ANGELES CA 90005 | MLS WS20096019MR - Bunny Maxim

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This 10 unit apartment complex is in the heart of many large developments in the Koreatown area including the 31 story, 644 apartment project on Wilshire and Hoover. Down the street from brand new condos for sell as well as directly adjacent to the new Gateway project on 8th set to break ground in August of this year. A savvy investor could build up to 48 units with TOC tier 3. This quarter of an acre lot on the corner of Leeward and Magnolia allows for easier access for parking layouts and is zoned R4-2 with no height restrictions. The lot is also 70 feet wide compared to the average 60 foot on the block. An investor could purchase and hold knowing well-zoned land is becoming harder to come by.

Property Details

Price:
$2,695,000
MLS #:
WS20096019MR
Status:
Active
Address:
2861 Leeward
Type:
Residential Income
City:
LOS ANGELES
Listed Date:
May 16, 2020 (48 days)
State:
CA
Square Ft (approx):
5,558
Lot Size:
10,828 sqft / 0.25 acres (approx)
Year Built:
1921

Schools

Interior

Laundry
None

Exterior

Common Walls
Attached
Community Features
Curbs, Street Lights, Urban
Pool Description
None

Financial

Land Lease Type
Fee

Map

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2861 Leeward
LOS ANGELES, CA

When you think of Real Estate, think of Bunny Maxim and Expect the Best!

We specialize in Residential, Commercial, Lots/Land and Investment Property in the Central Coast of California including the following areas:

  • Santa Maria
  • Orcutt
  • Los Alamos
  • Lompoc
  • Buellton
  • Solvang
  • Santa Ynez
  • Nipomo
  • Arroyo Grande
  • Oceano
  • Grover Beach
  • Pismo Beach
  • San Luis Obispo
  • Paso Robles

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125 E. Clark Ave

Orcutt, CA 93455

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2665 Shell Beach Rd, Ste J

Pismo Beach, CA 93449

(805) 878-0807

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