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944 & 948 Dewey ave
Los Angeles, CA 90006 Koreatown

$5,000,000 USD

Land For Sale  •  0.27 AC

Property Details

  • Property Type Land
  • Lot Size 0.27 AC
  • Zoning R4-1
75 Transit Score
94 Walk Score

Description 

Approved construction plans included
4 Stories Residential (TYPE V-A) over one story parking (TYPE I-A)
Basement: 1 Story (TYPE I-A)

T.O.C.: Tier 3
Allowed: 51 Units /30 Units of Base Unit + 21 Units of Bonus Units 
11,812 Sq. Ft./400 = 30 Units, 30 Units x 70% = 21 Units; Provided: 51 Units 
Building Height Proposed: 58'-4' (Not including 4-0" of parapet) from grade plane
Occupancy Group: 
R-2 (51 Unit Apartment)
5-2 (Ground Floor & Basement Parking)

Highlights

Transit Priority Area in the City of Los Angeles
Los Angeles State Enterprise Zone
Wilshire Center/ Koreatown Redevelopment Project
High-Medium Residential (General Land Use)

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
10 min - 4.3 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 13 min - 4.5 mi
Transit/SubwayDriveWalkDistance
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 16 min 0.8 mi
Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 18 min 0.9 mi
AirportDriveWalkDistance
Los Angeles International 23 min - 13.1 mi
Bob Hope 23 min - 13.4 mi
Long Beach (Daugherty Field) 33 min - 23.4 mi
Mark Hong 213-700-6780 KORUS Real Estate
Mark Hong 213-700-6780 KORUS Real Estate