This Land Property is no longer advertised on LoopNet.com.

2877 Francis Ave
Los Angeles, CA 90005
Land For Sale · 0.62 AC

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.62 AC
Zoning R4-2 Tier 3

Description

Advance Investment Group Inc., as the exclusive agent is pleased to present for sale a fully entitled, “Permits Ready To Issue” development site for a 7 story 81 Units apartment building. Excellent unit mix consisting of 42 - 1 Bed / 1 bath, 27- 2 Bed/ 2 Bath and 12- 3 Bed/ 2 Bath units. The project is located at 2877 Francis Avenue in thriving high demand Koreatown of Los Angeles, CA. Set between Vermont Avenue and Hoover Street, the building is in close proximity to the growing Downtown and Koreatown areas. The property's central location offers quick access to the 10, 110 and 101 freeways. Additionally, the property offers excellent access to public transportation via the nearby Westlake/Macarthur Park and Wilshire/Vermont metro stations.

Property Taxes

Property Taxes

Parcel Number
5077-022-059
Land Assessment
$8,464,818
Improvements Assessment
$0
Total Assessment
$8,464,818
  • Listing ID: 13890050

  • Date on Market: 9/26/2018

  • Last Updated:

  • Address: 2877 Francis Ave, Los Angeles, CA 90005

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