Description
A rare opportunity to build in the thick of things, below DODGERS STADIUM AND ABOVE CHINA TOWN with an AMAZING VIEW OF DTLA SKYLINE! Lot slopes down to Bernard St down below. Bridge at the base of the lot across from it will transport you to China Town and the Railway Station. There is a continued gentrification of the surrounding areas along with the value-add potential for a new owner to build and achieve lucrative future returns. Area is in a FLUX & growing with the emergence of Hip Restaurants and places of entertainment. Close proximity to LA Opera, Disney Concert Hall, Dorothy Chandler Pavilion, Union Station , Little Tokyo , area Freeways , public transportation, easy access to DTLA and several development projects in the vicinity is changing the demographics to include Millennials & Generation Z. Potential to build 12 units and TOC Tier 3 may allow up to 23 units due to close proximity to Railway Station with reduced parking. Buyer to verify all information regarding zoning, square footage, utilities, etc.
Location
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Listing Agent: Ravinder Sood
Listing Office: Berkshire Hathaway HomeServices California Properties
Attribution contact: 818-583-1734
