Investor/Developer Opportunity on a 7,000+ SF Corner Lot! This property is currently configured as a duplex, both units are owner occupied and will be delivered VACANT. Both units offer a similar and spacious floor plan, with 3 bedrooms, 1.25 baths, living room, dining area and kitchen.The property sits on a large corner lot of over 7,000 square feet, offering investors and developers an opportunity to explore the potential of the site while having an existing duplex configuration in place. Public records show the property is zoned LARD2 and located within a TOC Tier 3 area. Buyer to independently verify zoning, TOC eligibility, development potential, allowable uses, density and all other property information with the City of Los Angeles.Located in Mid-City Los Angeles, an area seeing continued investment and development, with convenient access to transportation, shopping, dining and major employment centers. Whether you're looking for a value-add project, holding property or exploring future development possibilities, this is an opportunity worth taking a closer look at. Bring your plans and your investors!
| MLS # | 26997917 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 8 |
| Listing Provided By | Berkshire Hathaway HomeServices California Properties | Hilda Hernandez |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 2,996 |
| Story(s) | 2 |
| Units | 2 |
| Building(s) | 1 |
| Zoning | LARD2 |
| Acreage | 0.18 |
| Property View | None |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Parking Features | Driveway |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90018 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90018) | |
Price: $860,000 low | high Med: $1,295,000 sqft: 2,996 low | high Med: 3,965 $ / sqft: $287 low | high Med: $341 On site: 8 low | high Med: 56 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90018 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90018) | |
Price: $860,000 low | high Med: $1,295,000 sqft: 2,996 low | high Med: 3,965 $ / sqft: $287 low | high Med: $341 On site: 8 low | high Med: 56 | |