This prime Koreatown vacant lot includes a billboard (grossing $1,000/year in income) and sewer line. The billboard lease can be renegotiated by new owner with Lamar Advertising (lease term ends 10/31/15). Zoning = C2. Note, we have been told there is a [Q] condition on the property and an adjacent bus stop that affect the buildability of this parcel. Buyer to rely on his/her own due diligence regarding future use of property.
Listed by Kenny Stevens, Keller Williams-Santa Monica
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