Description
We are proud to present 742 Irolo St. Eight 1 Bedroom + 1 Bathroom apartments in the heart of Koreatown. Countless restaurants, hotels, and entertainment amenities are within short walking distance. Property is also located within a half block from the Wilshire/Normandie Metro station. The lot is zoned LAR4-2 and is designated as TOC Tier 3. This would allow for a developer to build up to 16 units by right or up to 27 units with the TOC bonus (Buyer to Verify). There is an existing garage/carport that could also be used and converted to an ADU (Buyer to Verify). Also value-add opportunity with keeping existing structure and increasing rents over time. Do not disturb tenants, drive by only.
Location
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Based on information from CRISNet MLS all data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Updated: 28th November, 2023 1:34 PM (UTC)
Listing Agent: Michael R. Fukushima
Listing Office: Keller Williams Downtown LA
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