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$ 739,999
Est. payment | /mo
4 Beds
3 Baths
1,933 SqFt
$ 739,999
Est. payment | /mo
4 Beds
3 Baths
1,933 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,933 sqft
Price per Sqft $382
MLS Listing ID 26989913
Bedrooms 4
HOA Y/N No
Year Built 1922
Lot Size 5,401 Sqft
Property Description
A rare opportunity for investors, owner-users, and developers looking for flexibility and upside in the heart of South Los Angeles. With two units currently vacant the next owner has an opportunity to take control of the property from day one to renovate, reposition, select new tenants, or explore a larger long-term vision for the site. Situated on an approximately 5,401 sq. ft. LAR3-zoned lot, the property is legally recognized as a duplex per public records but currently functions with three separate living units, totaling approximately 1,933 sq. ft. The existing configuration consists of two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. For the investor with vision, the possibilities are compelling. Improve the existing units and establish new rents, occupy one unit while generating income from the others, or explore the site's future development potential under LAR3 zoning and applicable City of Los Angeles regulations. The property's established multi-unit footprint, functional separation between living spaces, outdoor area, and deep lot provide a strong foundation for a variety of strategies. Located within an established South Los Angeles infill neighborhood, the property offers convenient access to major corridors including Broadway, Vermont, and Florence, along with nearby shopping, dining, everyday services, parks, recreation, and public transportation. Its central location provides connectivity to Downtown Los Angeles, USC, Inglewood, and other major employment and entertainment centers throughout Los Angeles. Whether the goal is to renovate and hold, create an owner-user opportunity, reposition the units, or investigate future redevelopment, this property offers something increasingly valuable in Los Angeles real estate. Bring your vision and unlock the property's next chapter. Some photos have been virtually enhanced. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Inclusions Stove & Refrigerator in two units
Fireplace No
Laundry Laundry Room
Exterior
Parking Features Driveway
Total Parking Spaces 4
Building
Faces North
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6040002024
Special Listing Condition Standard
Listed by Corterz Johnson TNG Real Estate Consultants #01331590
Nearby School & Business
39899 Balentine Dr. Suite 200, Newark, CA 94560, United States