Description

Probate sale with court confirmation REQUIRED. An unparalleled investment opportunity awaits in the heart of Los Angeles! This expansive multifamily property, Zoned R3-1XL, TOC Tier-3, offering incredible potential for savvy investors and developers. The property includes a main structure and two units above the garage. The main structure suffered significant fire damage and presents a unique chance to build new construction, fully renovate, or reimagine the entire site to maximize its income-producing potential. The garage units are currently occupied and seller is not collecting rent. Property is being sold with tenants in place at COE and will NOT be delivered vacant. The prime location offers a truly walkable, urban lifestyle. You're just moments from the vibrant energy of Koreatown and Hollywood, with endless dining, shopping, and entertainment options. Commuting is effortless with easy access to the 101 Freeway, as well as the Metro B and D lines, putting the best of Los Angeles within easy reach. This is a rare chance to acquire a valuable piece of real estate in a dynamic, highly desirable, and high-growth neighborhood. **Sold subject to non-paying tenants in place**