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Listed by Beatriz Serna • Elite Homes Realty
$680,000
Est. payment /mo
2 Beds
1 Bath
896 SqFt
UPDATED:
02/07/2025 01:54 AM
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
HOA Y/N No
Originating Board Datashare California Regional
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
Fireplace No
Laundry None
Exterior
Pool None
View None
Private Pool false
Building
Story 1
Water Public
Schools
School District Los Angeles Unified
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