9811 S Vermont Avenue Active

Los Angeles,CA 90044

$ 680000

2 Beds

1 Bath

896 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 896 sqft

Price per Sqft $758

MLS Listing ID CRPW25019687

Bedrooms 2

Full Baths 1

Year Built 1924

Lot Size 4,755 Sqft

Property Sub-Type Detached

Property Description

INVESTORS DREAM COME TRUE!!!!! Great opportunity to own a rare flat level lot zoned C3 for commercial or residential use. Although sold for land value only, there is an existing vacant home on the site but it is considered to be a tear-down. Seller has tentative verbal approval for a 6-unit development allowed by right along with a 24-hour post office box business with a great income potential with very limited competition. Architect may be available to be hired to continue with the approval process for the proposed development, if desired. Repurpose the property as desired or use it as-is. With new codes, it should allow for both residential and commercial development with a potential for residential low-income bonus developments and ADU's. Easy to build-out with all utilities place. Both street access and convenient alley access for more development choices and opportunities. This property has a lot of potentials Multi-family residential, Single-family dwelling, Commercial and or Residential Condominium project. Property is located in Los Angeles but within a small unincorporated pocket under the jurisdiction of the County of Los Angeles. Property Sold in its present condition and "AS IS", with no warranties of any kind or representations made regarding the property whatsoever.

Location

State CA

County Los Angeles

Interior

Cooling None

Fireplaces Type None

Laundry None

Exterior

Pool None

View None

Building

Story 1

Water Public

Schools

School District Los Angeles Unified

View More
Favorite Go Tour