Property listed by Coldwell Banker Realty, Michael Tipton 310-820-6651
$495,000
Exceptional development and value add opportunity in a rapidly transforming Los Angeles corridor. This 2 bedroom, 1 bath Craftsman totals 988 SF on a 4,723 SF lot and is zoned LAR2, offering strong potential for multiunit redevelopment, ADU additions, or income producing expansion, with a long driveway for parking (buyer… Read More to verify). Built in 1910, the existing structure is well suited for a full reposition or complete redevelopment. Strategically located near the 110 Freeway with immediate access to Downtown Los Angeles, the Coliseum, and Crypto.com Arena. With major global events such as the upcoming World Cup and Olympics driving longterm demand, this property presents compelling upside for rental, short term lodging, or hold strategies. Prime opportunity for developers and investors seeking density, flexibility, and future growth. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
SingleFamilyResidence
Beds
2
Full Baths
1
Square Ft.
988
Lot Size
0.11 Acres
Year Built
1910
MLS Number
26666359
Additional Details
Building
Built in 1910, Living area: 988.0, Levels: One
Cooling
None
Fireplaces
None
Heating
None
Laundry
Inside
Lot
0.1084 acres, Dimensions: 40x118
Parking
Driveway
Pool
None
Taxes
Parcel Number: 6005021030, Zoning: LAR2
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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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