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< Back 257 South Park View St Sold $1,200,000 257 South Park View St 257 S Park View St, Los Angeles, CA 90057, USA RTI Development Opportunity to Build 4 Townhomes w/ an ADU in Westlake THE QUICK FACTS BEDROOMS 26 BATHROOMS 19 LOT SIZE (SF) 6765 GROSS BUILDING SF 8000 ABOUT 257 South Park View St YEAR BUILT Now presenting, 257 S Park View St, a ready-to-issue (RTI) development opportunity on a quiet residential street primely located in Westlake, a burgeoning neighborhood nestled between some of LA's liveliest hubs. Tucked right in the center of Downtown LA, Koreatown, Echo Park, and Silverlake, this future development is guaranteed to quickly yield happy renters. The 6,765 SF lot is zoned LAR3 permitting a building height of up to 39 FT plus SB8 clearance is on hand confirming that no low-income replacement units are required, further demonstrating the major upside on the property. The RTI plans call for the demolition of the existing structure to build four townhomes with rooftop decks and one ADU for a total of 5 units, 17 bedrooms and 17 bathrooms totalling approx. 8,000 SF of living space. Currently on the lot is a vacant 1,284 SF 3-bedroom, 1.5-bathroom single family home with a detached shed. Additionally, the perimeter of the lot is lined by 15-foot bamboo providing tranquil ambience and built-in privacy. The planned development boasts townhomes with large 3- and 4-bedroom floor plans ranging from 1,500-2,000 SF each coming complete with private rooftop decks and balconies. The smallest unit is the 2-bedroom, 2-bathroom ADU which comes in at 1,000 SF plus a large private backyard which both bedrooms will have direct access to. Westlake is a vibrant community that is home to historic Macarthur Park, Vista Hermosa Natural Park, Los Angeles Surge Hospital (f.k.a. St. Vincent Medical Center), and a plethora of boutiques, cafes, and restaurants. The prime location of this lot coupled with large floor plans that provide ample outdoor space in the heart of LA is an unrivaled combination sure to garner premium tenants. Contact listing agents for plans and permit details. Inquire about this development opportunity today! Property Location 257 S Park View St, Los Angeles, CA 90057, USA Contact Agent Yohann Bensimon 310-923-1550 yohann@ikonadvisors.com

2 Bedroom Apartment for lease in Melrose Hill | Los Angeles The Kingsley Apartments 817 N Kingsley Dr, Los Angeles, CA 90029 Apartments for lease in Melrose Hill offering modern, and functional living. Contact Us Fully Leased View More Listings Available for Lease Browse photos and videos at your leisure. Unit #2 2 Bed 1 Bath SQ Footage: 800 SF Parking: 2 Covered Spaces Leased Appy Now Luxury, modern, accessible living A stone's throw from Melrose with an incredible offer: This gem boasts 2 beds, 1 bath, and 2 covered parking spots at an unbeatable price. Nestled in a gated property, it's a skip away from Silver Lake, Hollywood Blvd, Paramount Pictures, and Melrose. This unique property flaunts exterior upgrades like a paved driveway, landscaped beauty, a freshly installed sprinkler system, and new lighting. Inside, the middle unit dazzles with a fully remodeled kitchen featuring white shaker cabinets, quartz countertops, and stainless steel appliances. Gas and electricity are separately metered, while water runs on a single meter. Amenities In-Unit Washer/Dryer On-Site Parking Stainless Steel Appliances Balconies Open Floor Plan Living Gated Property En-Suite Bedrooms Central AC/Heat The neighborhood Melrose Hill is a small, historic neighborhood in Los Angeles, nestled between Hollywood and East Hollywood. Characterized by its early 20th-century homes and tree-lined streets, it offers a charming respite from urban hustle. A hidden gem, Melrose Hill combines a close-knit community vibe with proximity to LA's vibrant cultural and entertainment hubs. Lock&Key Sqirl Courage Griffith Osteria La Buca Paramount Interested in touring or applying for The Kingsley Apartments? Call or email us to book an appointment & discuss details. Contact Us

6-Unit New Construction Townhomes | Investment Real Estate SOLD 2219 W COURT ST LOS ANGELES, 90026 6-Unit Townhomes in Echo Park 16 BEDS 16.5 BATHS $3,595,000 PRICE 7,778 SF LAR4-1 LOT 7,265 SF PROPERTY Sold was this 2219 W Court St, a newly built 6-unit townhouse complex in 2021 in prime Echo Park, walking distance from Echo Park Lake and beloved, local hotspots in the active neighborhood. This high demand rental provided our proud investor with a 5.00% Cap Rate, with easy maintenance and little management needed. 2219 Court Street features (3) 3 Bed/3 Bath, (2) 2 Bed/ 2 Bath, and (1) 3 Bed/ 3.5 Bath units with high ceilings, large balconies, in-unit washer & dryer, stainless steal appliances, manicured landscaping and attached parking. In addition to the impressive return, our investor will enjoy extreme desirability among renters for years to come. These luxury units define upscale urban living in a neighborhood that is experiencing tremendous growth and steady gentrification. Offering Memorandum View More Listings Request Info INTERIOR YEAR BUILT FLOORING APPLIANCES OTHER INTERIOR FEATURES 2021 Hardwood Washer/Dryer, Dishwasher , Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven Washer, Refrigerator Attached Balconies, High Ceilings EXTERIOR STORIES YARD AIR CONDITIONING PARKING SECURITY FEATURES 3 Manicured landscaping Central Air 14 Car Garage, Onsite, Private Gated, Security Alarms, Cameras, Flood Lights The Neighborhood: ECHO PARK Get to know Echo Park Contact Yohann about 2219 W Court St! 310.923.1550 | yohann@ikonadvisors.com Yohann Bensimon | CALDRE #01966630 Call Yohann Email Yohann Interested in this property?

RTI Development Opportunity to built 4 unit townhomes in West Adams, Los Angeles 1323-1331 N June St Los Angeles,CA 90038 3-Lot Assemblage in Prime Hollywood. 19,950 SF RD1.5 Lot w/ R TI Plans ASKING PRICE | $4,4 95,000 CURRENT PROPERTY GROSS SF LOT SIZE UN ITS PRICE 6,414 SF 19,935 SF 6 $4,495,000 PLANS TO BUILD GROSS SF LOT SIZE UNITS RESELL VALUE 16,003 SF 19,935 12 $10,500,000 Ikon Advisors is excited to present an exceptional ready-to-issue (RTI) three-lot assemblage at 1323, 1325, and 1331 N June St. The lots host a single-family dwelling (SFD) with a spacious backyard, a triplex composed of bungalow units, and a duplex with a large concrete-paved area in the back. This strategic investment offers significant growth potential in a flourishing community with enormous upside. Plans call for the addition of 6 units, 22 bedrooms, and 16 bathrooms. The SFD will be renovated and converted from a 1-bedroom, 1-bathroom to a 4-bedroom, 3-bathroom with 622 added square feet. Furthermore, an infill development will be erected behind it composed of three units: two 1,684 SF 4-bedroom, 3-bathroom townhomes and one 1,479 SF 3-bedroom, 2-bathroom ADU. While there are no plans currently in place for the triplex lot, the large bungalows present great potential upside. Bedrooms and bathrooms can potentially be added to the existing units with added square footage (Buyer to conduct their own feasibility studies). The existing duplex will be renovated and one of the units will be converted from a 921.5 SF 1-bedroom, 1-bathroom unit to a 2-bedroom, 2-bathroom unit. Additionally, an infill development will be erected behind it composed of three units: two approximately 1,550 SF 4-bedroom, 3-bathroom townhomes and one 1,286 SF 3-bedroom, 2-bathroom ADU. There are no plans currently in place to convert the 2nd duplex unit as it is tenant occupied. The surrounding neighborhood is a vibrant blend of cultural diversity, offering a dynamic mix of residential and commercial properties primarily in the entertainment industry such as Paramount Pictures, Viacom, and the growing Netflix campus. It boasts strong connectivity with excellent public transportation links and proximity to key amenities like schools, hospitals, parks, and the bustling retail district just north of the site spanning the Hollywood Walk of Fame. The area sees strong demand for real estate, fueled by ongoing urban revitalization and high economic growth guaranteeing increasing rental income and property value for years to come. This development site, complete with RTI plans, is primed for lucrative returns in this burgeoning neighborhood. Download the Offering Memorandum Financial Analysis Investment Breakdown Set-Up Sheet Comparables Photos Renderings Plans Trade Area Overview View Offering Memorandum Existing Project Overview Request Info View More Listings Future Project Overview Contact Yohann about 1323-1331 N June St! 310.923.1550 | yohann@ikonadvisors.com Yohann Bensimon | CALDRE #01966630 Call Yohann Email Yohann Interested in this property?

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