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4-UNIT | RTI SB8 CLEARED | PERMITS PAID 1511 S New Hampshire Ave 3 Unit Apartment Building $1,651,968 CAD ($550,656 CAD/Unit) Los Angeles, CA 90006



Investment Highlights
- RTI SB8 CLEARED | PERMITS PAID | SHOVEL READY
- Approved 4-unit project designed for high-income potential and efficient layout.
- Central location near Koreatown, Downtown LA, USC, and major freeways (I-10 & I-110).
- Fully approved project with ~$70,000 in paid permits—no entitlement risk and ready to build immediately.
- 6,288 SF LOT | RD1.5 Zoning
- Strong Rental Demands & Upside
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.
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Property Facts
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Very walkable
80/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5075-004-019 | Improvements Assessment | $767,720 CAD |
| Land Assessment | $511,812 CAD | Total Assessment | $1,279,532 CAD |
Property Taxes
Parcel Number
5075-004-019
Land Assessment
$511,812 CAD
Improvements Assessment
$767,720 CAD
Total Assessment
$1,279,532 CAD
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4-UNIT | RTI SB8 CLEARED | PERMITS PAID | 1511 S New Hampshire Ave
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