2885 Francis Avenue, Los Angeles

$1,995,000

Click the arrows next to the image to browse our photo gallery for this property.

12 Beds
8 Baths
5,846 Sqft
.19 Acre
0 Garage

We are pleased to offer for sale a 4-Unit apartment building located in the highly sought-after neighborhood of Koreatown LA. The subject property is located on the corner of South Westmorland Ave and Francis Ave, just minutes to the new Zion Korean market and MacArthur Park. Situated on a HUGE lot of 8,060 sq. ft. and 5,846 sq. ft. of interior space is zoned for R4-2 TOC Tier 3 with ability to build 21-unit condo (FULLY-ENTITLED!). The new owner has the ability and option to add two ADU's for a two-bedroom and one-bedroom unit.

Essential Information

MLS® #
23321211
Price
$1,995,000
Bedrooms
12
Bathrooms
8.00
Square Footage
5,846
Acres
0.19
Year Built
1917
Type
Residential Income
Status
Active

Community Information

Address
2885 Francis Avenue
Area
C17 - Mid-Wilshire
City
Los Angeles
County
Los Angeles
Zip Code
90005
Senior Community
N

Amenities

Parking Spaces
10
Parking
None
Garages
None

Interior

# of Stories
2
Stories
Two

Additional Information

Date Listed
November 6th, 2023
Days on Market
179
Zoning
R4-2

Listing Details

Agent
John C. Pak
Office
Philco Realty
Property History
Price Reduced from $2,200,000 to $1,995,000

LISTING MAP

Get directions to this property:

Based on information from California Regional Multiple Listing Service, Inc. as of May 16th, 2024 at 3:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.