Welcome to this incredible opportunity in the vibrant East Hollywood and Koreatown area! Perfect for both developers and families looking to reside in a prime location. Situated near Los Angeles City College, Barnsdall Park, and a hospital district, this property offers convenience and accessibility to essential amenities. With a total of seven public and five private schools nearby, as well as three hospitals, this location provides ample educational and healthcare options. Additionally, with nearly 90% of the residents being renters, this presents a lucrative opportunity for developers. The property boasts a corner lot, offering easy access, making it an ideal choice for development projects. It is also classified as TOC Tier 3, allowing for the construction of apartments or two duplexes. Plans for the construction of two duplexes are already prepared, streamlining the development process. Don't miss out on the chance to capitalize on this prime real estate opportunity in a highly desirable area. Contact us today to learn more and seize this incredible investment opportunity!
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