Combined Listing for 3242 W 8th St, 811 S Mariposa Ave, and 819 S Mariposa Ave, Los Angeles, CA
Overview: This listing includes three adjacent parcels totaling 25,700 sq. ft. of land, located in the vibrant Koreatown neighborhood of Los Angeles. The properties are sold as a single assemblage, presenting a rare development opportunity for mixed-use or residential projects.
Property Details:
3242 W 8th St: Size: 12,174 sq. ft. Zone: C2-1 (Commercial Zone) Current Use: Office building
811 S Mariposa Ave: Size: 6,763 sq. ft. Zone: R4-2 (Residential Zone)
Current Use: 4 Unit Apartment
819 S Mariposa Ave: Size: 6,763 sq. ft. Zone: R4-2 (Residential Zone) Current Use: 4 Unit Apartment
Development Potential: The combined zoning (C2 and R4) allows for a high-density development, making this assemblage ideal for:
Mixed-use residential and retail projects
Multi-family developments
Hotel or co-living spaces (with possible entitlements)
The location is within close proximity to public transit, retail corridors, and popular destinations in Koreatown, enhancing its appeal for future tenants or buyers.
Key Highlights:
Prime Location: Centrally located in Koreatown, one of the most dynamic and dense neighborhoods in Los Angeles.
Combined Land Area: 25,700 sq. ft.
Zoning Versatility: The mix of commercial (C2-1) and high-density residential (R4-2) zoning offers a broad range of potential uses.
Unified Sale: The seller offers all three properties as a single assemblage.