724 Gramercy Dr Los Angeles, CA 90005

Seller has secured SB 8 Exemption letter from LAHD. Zoned LAR4. R4 TOC Tier 3 development opportunity located in Mid-Wilshire! Lot size is approximately 6,249 sqft. TOC incentives allow for reduced parking & setback requirements and increased density options. Proximity to local amenities and easy access to transportation makes this an ideal investment for developers looking for top rents! Buyer to make own investigation and verify all zoning and TOC guidelines with LADBS. Do not miss this prime opportunity. SELLER Info herein is not verified by agent. Buyer to verify all info & rely on their own findings as to what Los Angeles City Planning will allow. There are two structures on the property.