Address
2961 W 8th Street, Los Angeles, CA
Price
$ 1,100,000
Property Attributes
- MLS#22179263
- TypeLand
- CountyLOS ANGELES
- CityLos Angeles
- AreaMid-Wilshire
- Zip90005
- Style
- Price$ 1,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size5,990 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description
2961 W 8th Street a unique opportunity to acquire an exceptional and highly visible location on the main thoroughfare of 8th Street zoned R4-2-Tier 3 in the heart of Koreatown. The subject property totals 5,990 SF gross land area in the prime Koreatown neighborhood on 8th Street between Vermont Ave and S Westmoreland Ave. The owner is currently occupying the property; however, it can be delivered vacant at closing. 2961 W 8th Street offers an investor a residential redevelopment opportunity in one of the most desirable submarkets in all of Los Angeles.. Over the last decade, the area has seen significant year-over-year population growth due to a revitalization of the neighborhood and its central location, within 3 miles of DTLA, and USC. A high Walkscore of 96; this location is a walker's paradise located in prime Koreatown with a short eight-minute walk to the Wilshire / Vermont Station stop and near newly renovated MacArthur Park.
| Price History | |
|---|---|
| 7/15/2022 | Listed $1,100,000 |
General Features
| Additional Parcels Y/N | No |
|---|---|
| Association Y/N | No |
| Attached Garage | No |
| Carport Y/N | No |
| City | Los Angeles |
| County | Los Angeles |
| Days on Market | 240 |
| Directions | Just east of Vermont Ave on 8th Street between Magnolia Blvd and Camarillo Street |
| Garage Y/N | No |
| Home Warranty Y/N | No |
| Land Lease Y/N | No |
| Lease Considered Y/N | No |
| Lease Renewal Y/N | No |
| Lot Size Square Feet | 5990.0 |
| MLS Area | C17 - Mid-Wilshire |
| Mobilehomeremainsyn | No |
| New Construction | No |
| Private Pool | No |
| Property Attached Y/N | No |
| Property Type | Land |
| Rent Control Y/N | No |
| Senior Community Y/N | No |
| Special Listing Conditions | Standard |
| Standard Status | ActiveUnderContract |
| Status | ActiveUnderContract |
| Street Name | 8th |
| View | CityLights |
| View Y/N | Yes |
| Waterfront Y/N | No |
| Zoning | LAR4 |
Interior Features
| Air Conditioning Y/N | No |
|---|---|
| Basement (Y/N) | No |
| Electric On Property Y/N | No |
| Fireplace Y/N | No |
| Heating Y/N | No |
| Street Suffix | Street |
Exterior Features
| Crops Included Y/N | No |
|---|---|
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
| Lot Size Acres | 0.1375 |
| Lot Size Area | 5990.0 |
| Lot Size Units | SquareFeet |
| Open Parking Y/N | No |
| Spa | No |
| Total Parking | 0.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 90005
Price
Visits
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of December 8, 2023 6:45 AM UTC 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.
© 2023 Fresno Association of REALTORS ®. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings held by brokerage firms other than RE/MAX Success are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent.
All data, including all measurements and calculations of area, is obtained
Tulare County Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
