Truly a rare opportunity for todays Investors, Builders, and Developers! Bring all offers. Rare and Unique Double Lot, to be sold together. Located near the major corridor to LA Live, Staples, Convention Center, Downtown LA, Korea Town and USC Campus, this outstanding Value-add opportunity is in a highly sought-after area where the supply rarely meets the demand! 1116 1122 S. Westmoreland Avenue is positioned in one of the most rapidly developing submarket communities in Los Angeles. A 16-unit apartment building located in prime Koreatown, this property is a renters paradise, conveniently located to various amenities including markets, restaurants, trendy bars, shopping, hotels, entertainment venues, museums and local transportation. Located in an State Opportunity Zone, an investor can upgrade to capture market rents and capitalize on the remaining rental upside. Please verify with the City of L.A. regarding Historical designation. Buyer to verify all information herein. Seller and Broker does not guarantee its accuracy.
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