Property Detail
Description
Prime Koreatown development opportunity with RTI permits fully delivered for a 46-unit affordable housing developement. The 9,024 SF R3-zoned lot is approved for 40 one-bedroom units and 6 studios, totaling approx. 15,703 SF of rentable space and 20,510 SF of gross building area. Projected monthly income is approx. $109,072 based on HACLA Section 8 rents. Located in a high-demand, transit-accessible area near Metro lines, major employers, and endless dining and retail. Strong potential for long-term cash flow and value appreciation
Map Location
Listing provided courtesy of Rana Khanjani of Sync Brokerage. Last updated 2025-04-30 09:25:33.000000. Listing information © 2025 SANDICOR.
Marsha Pellar
DRE# 01239460
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DRE#: 01239460
1299 Prospect St Suite 100 La Jolla, CA 92037
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