1511 S New Hampshire
Property Overview
**PRICED TO SELL** 4-UNIT RTI DEVELOPMENT OPPORTUNITY WITH PAID PERMITS | SB8 CLEARED | 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. Renderings are conceptual and may not reflect the final approved plans. Buyer to independently verify all plans, permits, square footage, development potential, and ADU feasibility.
Home Details
- Property type
- Land
- Lot size
- 6,290 sq ft
- Days on market
- 0
- Cumulative days on market
- 151
- MLS status
- Active
- Zoning
- LARD1.5
Features & Amenities
Lot
- Corner Lot
Community, Schools & Utilities
Community
- View
- Neighborhood
Utilities
- Water
- Public
Location & Neighborhood
Frequently Asked Questions About 1511 S New Hampshire
Property type: Land
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
Get More Info
Crown Coastal Support Team
Direct support from our real estate team
Listing Agent


