Unlock exceptional value with this rare opportunity in the heart of Koreatown. Spanning approximately 7,607 sq. ft. and zoned LAR3, this property comes with approved plans for a 9-unit, 3-story residential development featuring semi-subterranean parking, a true shovel-ready project. Situated in one of Los Angeles’ strongest rental markets, this site is surrounded by major new developments and offers unbeatable proximity to popular dining, entertainment, shopping, public transit, and major employment hubs. Foundation work has already begun, providing a head start for developers looking to fast-track construction and realize returns sooner. Don’t miss this exceptional opportunity to build modern housing in a high-demand neighborhood. Buyer to verify all zoning and development information with LADBS. Contact listing agent for details!