Live Auction! Bidding to start from $499,999! Welcome to this fantastic duplex nestled on an R3 zoned high-density corner lot in the heart of Los Angeles. Boasting a prime location and ample potential, this property offers an ideal opportunity for investors and homeowners alike. Situated on a spacious lot with R3 zoning, this property allows for high-density development possibilities, with the existing structure set further back towards the lot line, providing a substantial buildable area (Zoning and lot size verification available on Zimas). The property comprises two distinct units. The downstairs unit, currently vacant, features a 2 bedroom, 1 bathroom layout awaiting renovation, while the upstairs unit offers a comfortable 2 bedroom, 1 bath configuration with charming Spanish-style coved ceilings, tile bathrooms, and a private front patio. While the upstairs unit presents itself in livable condition, showcasing its unique architectural details, the downstairs unit offers a renovation opportunity, ready to be transformed according to your vision. With the downstairs unit delivered vacant, renovations could begin immediately. Whether you're seeking a savvy investment opportunity or a place to call home with rental income potential, this duplex offers the best of both worlds. Take advantage of the thriving Los Angeles rental market or explore development possibilities to maximize returns. Located in a desirable Los Angeles neighborhood, residents enjoy easy access to local amenities, dining, shopping, entertainment, and transportation options, making it an attractive destination for tenants and homeowners alike. Don't miss out on this rare opportunity to own a piece of prime Los Angeles real estate with endless potential.
|
DAYS ON MARKET
|
14
|
LAST UPDATED
|
4/15/2024
|
|
YEAR BUILT
|
1932
|
COMMUNITY
|
Not Defined
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
None |
| AREA |
Not Defined |
| BUYER'S BROKERAGE COMPENSATION |
2.000 % |
| FIREPLACE |
Yes |
| HEAT |
Fireplace(s) |
| LOT |
5571 sq ft |
| LOT DESCRIPTION |
Corner Lot |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| WATER |
Public |
| ZONING |
LAR3 |
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Listed with Harcourts Prime Properties
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/29/24 10:14 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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