A 30 Unit Proposed Development Opportunity in Koreatown. The project site is situated on a 7,162-square-foot lot zoned R4-1 with a TOC Tier 3 designation. The development can be delivered RTI (Ready-to-Issue), allowing construction to commence with minimal entitlement work remaining. The plans feature a seven-story multi-residential building with a thoughtfully designed unit mix that aligns perfectly with the Koreatown renter demographic. The building includes twenty-four (24) one-bedroom units and six (6) two-bedroom units. It also offers one level of ground parking and one level of subterranean parking, providing a total of 19 parking spaces. The project boasts 20,203 square feet of gross building area, with spacious floorplans that set it apart from the studio-heavy unit mixes typically found in Koreatown. These designs cater perfectly to the area’s diverse and dynamic rental market.