Property listed by Keller Williams Beverly Hills, Shawn S. Kormondy 310-432-6400
$965,000
Exceptional development opportunity in the heart of trendy Highland Park! This approximately 5,600 SF lot, zoned LAC2 with rear alley access, offers APPROVED plans that consist of 3 phases. Phase 1 is to rebuild the roof which is approved and seller has already paid permits for. Phase 2 is… Read More the option to rebuild the SFR and two ADUs in the back or you have the option to build Phase 3 which is a mixed-use income property featuring a front-facing coffee shop, a 3-unit residential building, and two ADUs in the rear. Permits have not been paid for phase 2 or 3 which buyer would be responsible for. The existing SFR, previously damaged by fire, is boarded up and ready for redevelopment. Take advantage of the existing plans or explore alternative development possibilities, or other C2-permitted commercial uses. Prime location on vibrant York Blvd, surrounded by popular shops, restaurants, and minutes from DTLA, Dodger Stadium, and major freeways. Plans available upon request. Property to be sold AS-IS-- cash offers or hard money loan only. Read Less
Listing Snapshot
Days Online
4
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Square Ft.
1,424
Lot Size
0.13 Acres
Year Built
1911
MLS Number
25550303
30 Days Snapshot Of 90042
$1.19M
-3%
(avg) sold price
25
+38%
homes sold
70
-19%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1911, Building area total: 1,424, Levels: One, Living area: 1424, 1 story, Common walls: NoCommonWalls
Cooling
None
Fireplaces
None
Heating
None
Laundry
None
Lot
0.1286 acres, 5,600 square feet, Size: 5,600
Pool
None
Property
Zoning: LAC2
Spa
None
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Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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