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4-UNIT | RTI SB8 CLEARED | PERMITS PAID 1511 S New Hampshire Ave 3 Unit Apartment Building $1,662,591 CAD ($554,197 CAD/Unit) Los Angeles, CA 90006



Investment Highlights
- Fully entitled with RTI plans and approximately $70,000 in paid permits for immediate construction.
- Delivered vacant, eliminating relocation or demolition delays.
- Approved design includes four large units with private garages and en-suite bathrooms.
Executive Summary
RTI SB8 CLEARED | PERMITS PAID | SHOVEL READY | DELIVERED VACANT
Great value-add and development opportunity in the Pico-Union / Koreatown corridor. Existing vacant triplex (3 units) built in 1905, situated on a 6,288 SF lot (0.14 AC) with approximately 3,454 SF across 3 floors. Comes with fully approved RTI plans and approximately $70,000 in paid permits—no entitlement risk and ready to build immediately. Approved plans include a 4-unit project totaling approximately 15,703 rentable SF, featuring (2) 5-bed + office / 5-bath units and (2) 4-bed / 5-bath units. Each unit is designed with en-suite bathrooms and private 2-car garages, ideal for co-living or high-demand rental use. Prime central location near Koreatown, Downtown LA, USC, and major freeways (I-10 & I-110). Excellent opportunity for developers or investors looking to build and hold or sell. Renderings may not reflect final plans. Buyer to verify all information.
Great value-add and development opportunity in the Pico-Union / Koreatown corridor. Existing vacant triplex (3 units) built in 1905, situated on a 6,288 SF lot (0.14 AC) with approximately 3,454 SF across 3 floors. Comes with fully approved RTI plans and approximately $70,000 in paid permits—no entitlement risk and ready to build immediately. Approved plans include a 4-unit project totaling approximately 15,703 rentable SF, featuring (2) 5-bed + office / 5-bath units and (2) 4-bed / 5-bath units. Each unit is designed with en-suite bathrooms and private 2-car garages, ideal for co-living or high-demand rental use. Prime central location near Koreatown, Downtown LA, USC, and major freeways (I-10 & I-110). Excellent opportunity for developers or investors looking to build and hold or sell. Renderings may not reflect final plans. Buyer to verify all information.
Property Facts
1 1
Very walkable
80/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Fairly bikeable
50/100
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4-UNIT | RTI SB8 CLEARED | PERMITS PAID | 1511 S New Hampshire Ave
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