





Description
Incredibly rare opportunity to own an R4-2 lot to develop in the heart of Koreatown. 8th & Harvard is the most prestigious area of Koreatown. Hip and trendy restaurants, bars, entertainment, markets, hotels and Wilshire Finance District are all in walking distance. Northeast corner of subject property is being developed by well-known developer for a 5-parcel redevelopment project. 8th & Serrano is being developed for 400-unit Mixed-use. 8th Street in Koreatown is the trendy center of Koreatown with all the new buildings and diverse ethnic group coming in this area for food and entertainment. This is a rapidly growing area with enormous upside potential to build 16 units by right and up to 28 units with the TOC density bonus. This lot is very close to 110 Fwy, 101 Fwy and 10 Fwy and very close to DTLA, Westlake, Hollywood Echo Park and Silverlake.
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