$1,077,000
 $5,782 est/mo Sourced by Back At You

1511 S New Hampshire,Los Angeles, CA 90006

Los Angeles, CA 90006

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Description

**PRICED TO SELL** 4-UNIT RTI DEVELOPMENT OPPORTUNITY WITH PAID PERMITS | SB8 CLEARED | SHOVEL READY | DELIVERED VACANT. Exceptional investment opportunity in the Pico-Union/Koreatown corridor featuring an existing vacant triplex on a 6,290 SF corner lot. The property includes fully approved RTI plans and approximately **$70,000 in paid permits**, allowing a developer to begin construction without the lengthy entitlement process. The approved project offers approximately 8,202 SF of gross building area with an attractive unit mix consisting of **Four Townhome Units w/ Attached 2-Car Garage** - Two 5-bed (plus office) / 5-bath units and Two 4-bed / 5-bath units. Each unit features en-suite bathrooms throughout and a private two-car garage, making the project well suited for co-living, student housing, or high-demand rental use. Additional ADU potential may exist, subject to buyer verification and applicable city requirements. Centrally located near Koreatown, Downtown Los Angeles, USC, and the I-10 and I-110 freeways. An excellent build-to-sell or long-term investment opportunity. Renderings are conceptual and may not reflect the final approved plans. Buyer to independently verify all plans, permits, square footage, development potential, and ADU feasibility.

Details

MLS #SR26189486
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site61
Listing Provided BySync Brokerage | Rana Khanjani

Features

ZoningLARD1.5
Acreage0.14
Property ViewYes

Exterior

Lot FeaturesCorner Lot

Location

Community FeaturesStreet Lights, Sidewalks

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaC17 Mid Wilshire
Listing VS Median (in 90006)
Price:
$1,077,000
low | high
Med:
$800,000
75.719591457753% of Average
On site:
61
low | high
Med:
291
20.962199312715% of Average
Sourced by Back At You

Market Activity 90006

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Additional Information

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Contact

Learn More About This Property

Charles Koser

Charles Koser

Desert Lifestyle Properties

02111293 (760) 917-4702charles@pskoser.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaC17 Mid Wilshire
Listing VS Median (in 90006)
Price:
$1,077,000
low | high
Med:
$800,000
75.719591457753% of Average
On site:
61
low | high
Med:
291
20.962199312715% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $807K - $1.346M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1409 S New Hampshire Avenue Property Photo 1
$1,220,000
1409 S New Hampshire Avenue
Los Angeles, CA 90006
Listing Updated: September 28, 2026 at 8:23:02 PM PDT