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315 N Vermont Ave
Los Angeles, CA 90004
Land For Sale
·
0.29 AC
Investment Highlights
- Can be entitled for ±60 units (per the Seller)
- Easy access to multiple freeways including the 101, whose entrance is a block away
- Koreatown is an established market for new, market-rate, multifamily development with high rent justification
- Transit-oriented location directly adjacent to the LA Metro Vermont/Beverly Station
- Centralized location allows for quick and easy access to other highly desirable neighborhoods such as Echo Park, Silver Lake and Hollywood
- Frontage along Vermont Ave and positioning next to the Metro station on Beverly Blvd allows for nearly 180 degrees of visibility
Property Facts
| Property Type | Land | Total Lot Size | 0.29 AC |
| Property Subtype | Commercial | No. Stories | 3 |
| Proposed Use | Apartment Units | ||
| Zoning | C2-1 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.29 AC |
| No. Stories | 3 |
| Zoning | C2-1 |
Description
Colliers is pleased to offer an all-in-one advantage to anyone looking in Koreatown, greater downtown Los Angeles area for an investment or redevelopment opportunity. Not only is 315 Vermont Avenue zoned for high-density residential or mixed-use development, it is also a prime location that offers easy access to all the restaurants and cultural events the core of Los Angeles has to offer. With access to the Metro Red Line just steps away this potential development makes for a truly unique opportunity.
Property Taxes
| Parcel Number | 5520-019-004 | Improvements Assessment | $0 |
| Land Assessment | $3,062,207 | Total Assessment | $3,062,207 |
Property Taxes
Parcel Number
5520-019-004
Land Assessment
$3,062,207
Improvements Assessment
$0
Total Assessment
$3,062,207
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