743 GRAMERCY Drive - Los Angeles, CA 90005

Listing Description

BUY AND BUILD!** 743-749 Gramercy Dr, LA 90005. RARE development opportunity in the PRIME KOREATOWN submarket of Los Angeles, delivered 100% un-occupied and fully RTI for 47 units by approximately April 2020. CORNER DOUBLE LOT with 13,108 SQFT zoned R4-1 and TOC TIER 3. Submitted design calls for a 47 Unit luxury apartment building located within immediate walking distance of major amenities in the main Koreatown business center 0.5 miles from the subject. Also located within 0.4 miles (10 min walking distance) of the main METRO station at Wilshire and Western with immediate access to Downtown Los Angeles. The sales packet includes fully stamped and approved Architectural, Structural, landscape, LID and shoring plans, plus approved Soil Report, Survey, and all other pertinent docs and plans as required by the City of Los Angeles LADBS for an RTI approval. WALK SCORE 91. All units with Washer/Dryer and balconies. 5 units Affordable. (**NOTE** RTI does not include building permits).

Listing Information
MLS Number
APN/Parcel ID
Sub Type
Listing Date
Days Active
Last Updated
Listing Provided By
Tannaz Kamran-Rahbar
Keller Williams Rlty Brentwood
BRE# 00951232

Thank You

An email has been sent. Someone will be in touch soon!

Contact Agent

Please Complete All Required Fields.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers 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 with the appropriate professionals.