Description
Exceptional opportunity to own a 4-unit property on a spacious 9,300+ sq ft LAR4-zoned lot in Los Angeles, offering both immediate rental income and long-term development potential. The property is currently improved with multiple units, providing flexibility for investors or owner-occupants alike. A unique advantage of this property is its ability to serve as a primary residence while generating income, with the added benefit of allowing a buyer to gradually improve or redevelop the property over time. With R4 zoning, the lot presents strong upside for future expansion or higher-density redevelopment. Buyers may choose to live in one unit while collecting rental income, then strategically reposition or redevelop the property as market conditions evolve-maximizing both usability and long-term value. The surrounding area has seen continued growth and redevelopment activity, further supporting the property's potential as a long-term investment play. Conveniently located near major transportation corridors, shopping, and local amenities. A rare opportunity to secure a property that offers immediate functionality, income potential, and the ability to build long-term equity through future development.
Details
| MLS # | RS26065957 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1937 |
| Days On Site | 190 |
| Listing Provided By | Excellence Realty | Jason Arnold |
Features
| SQ Feet | 2,373 |
|---|---|
| Garage | 4 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 4 |
| Acreage | 0.21 |
Exterior
| Lot Features | Back Yard, Lawn |
|---|
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90044) | |
Price: $750,000 low | high Med: $1,025,000 sqft: 2,373 low | high Med: 3,896 $ / sqft: $316 low | high Med: $263 On site: 190 low | high Med: 55 | |
Market Activity 90044
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90044) | |
Price: $750,000 low | high Med: $1,025,000 sqft: 2,373 low | high Med: 3,896 $ / sqft: $316 low | high Med: $263 On site: 190 low | high Med: 55 | |
