• 6 beds
  • 2.00 baths
  • 2,196 sq.ft.
  • 6,983 sq.ft. lot
offered at $1,575,000
Status: Active // Property Type: Single Family Residence
County: Los Angeles // Year Built: 1923

Property Description

We are pleased to offer for sale this extremely rare multifamily zoned lot. The property is well aligned for new multifamily development due to a slew of advantageous factors. This is not an entitled or RTI project. This is a marketing brochure which articulates one potentially viable way of developing the property. 1. Corner site. Project ingress/egress, view potential, and overall project visibility are all maximized. 2. R3-1. Perhaps the most attractive multifamily zone. 3. Transit Oriented. Tier 1. 4. Located in the Opportunity Zone. 5. Beautifully remodeled 6-bedroom SFR. 6. Highest and best use will not require a discretionary planning action as a TOC project can potentially be executed without height increase. More value... In addition to being a viable 14-unit development site, the subject property is currently improved with a beautifully remodeled six-bedroom single family home. This will ensure a purchaser with a turn-key residence or rental property while processing entitlements with the City of Los Angeles. All bedrooms, bathrooms, and other areas of the house have been remolded.Title depicts the property as a 2,196 SF 4 bed/2 bath SFR built in 1923. Hence, it is most likely that two of the bedrooms were created without permits.The property is not identified as having historic potential.

Listing Courtesy of Francis Evanisko, Evanisko Realty & Investment

Interior Features

Heating: Central

Exterior Features

Exterior Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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