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201 S Park View Street

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201 S Park View Street | Los Angeles, CA

$2,250,000

7,202 SQ.FT.

PRICE REDUCED!! Potential TOC Bonus allowance. Exceptional development opportunity in an area exploding with growth. Two parcels sold together for a total of 15,013 sq feet of potential multi-unit living. Buyer to conduct own due diligence and investigate any bonus density allowances offered under the "Transit Oriented Communities Affordable Housing Incentive Program Guidelines" to capture the maximum upside of this potential development. 201-203 S. Park View (APN 5154014020) and 205-207 S. Park View (APN 5154014019) are offered as a package and must be sold together. Currently a five unit and duplex, respectively. Fully occupied. These properties are located in a quiet neighborhood offering an easy commute to all of the trendy Downtown Los Angeles spots with easy access to the 110 and 101 freeways. You are minutes away from all the amenities that continue to grow in Downtown Los Angeles surrounding Staples Center, and old reliable venues such as Chinatown, Hollywood and so much more! PLEASE DO NOT DISTURB OCCUPANTS. Drive by only.
Listing Provided by Mehrnoosh Oheb, Concierge Realty Group

Based on information from California Regional Multiple Listing Service, Inc. as of July 23, 2018. 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.