1511 S New Hampshire, #4Los Angeles, CA 90006

About this home

PRICED TO SELL 4-UNIT RTI DEVELOPMENT OPPORTUNITY WITH PAID PERMITS | SHOVEL READY | DELIVERED VACANT. Exceptional investment opportunity in the Pico-Union/Koreatown corridor featuring an existing vacant triplex on a 6,290 SF corner lot. The property includes fully approved RTI plans and approximately $70,000 in paid permits, allowing a developer to begin construction without the lengthy entitlement process.

The approved project offers approximately 8,202 SF of gross building area with an attractive unit mix consisting of Four Townhome Units w/ Attached 2-Car Garage - Two 5-bed (plus office) / 5-bath units and Two 4-bed / 5-bath units. Each unit features en-suite bathrooms throughout and a private two-car garage, making the project well suited for co-living, student housing, or high-demand rental use. Additional ADU potential may exist, subject to buyer verification and applicable city requirements.

Centrally located near Koreatown, Downtown Los Angeles, USC, and the I-10 and I-110 freeways. An excellent build-to-sell or long-term investment opportunity.

Property details

Property type

Quadruplex

Category

Residential Income

Status

For sale

Lot size (sq ft)

6,290

Lot size (acres)

0.1444

Year built

2027

Stories in building

3

Units

4

Laundry

None

Garage spaces

8

Parking spaces

8

Pool

None

HOA fee

$0

Community

Curbs

Lot

Corner Lot

MLS area

C 17 - Mid-Wilshire

APN

5075004019

Financing

Cash, Owner May Carry, Private Financing Available

Sale type

Standard

Listed on

2026-11-10

MLS #

SR 26241424

Location

1511 S New Hampshire, #4, Los Angeles, CA 90006 · Open in Google Maps