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$2,400,000
Est. payment /mo
3 Beds
2 Baths
1,572 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,572 sqft
Price per Sqft $1,526
MLS Listing ID CL25509909
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1939
Lot Size 0.453 Acres
Acres 0.4531
Property Sub-Type Single Family Residence
Property Description
The Developer's Dream project is here!! Located in a highly desirable, rapidly revitalizing area, this offering features three (3) undeveloped lots in an R1, an exceptional development opportunity. The lots measure 7,525 sq. ft, 5,612 sq. ft, and 5,612 sq. ft respectively. Currently, Lot 1 includes a remodeled 1,572 sq. ft, 3 Bed / 2 Bath single-family home which is vacant. Lot 2 -Vacant, and Lot 3 -Vacant. Subdivision plans and maps are finalized, with legal/APN numbers expected within the next several months. With SB9 regulations, these 3 parcels can create up to 12 homes. Whether you opt to rent or sell, the flexible use and strong market fundamentals promise solid inflation recovery for single-family homes. Just steps from major freeways, public transportation, grocery stores, and restaurants, this property is perfectly positioned for successful development. Bring your contractor and architect, this is your chance to build in a thriving market!
Location
State CA
County Los Angeles
Zoning LAR1
Interior
Heating Central
Cooling Central Air
Flooring Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Refrigerator
Laundry Inside
Exterior
Garage Spaces 2.0
Pool None
Total Parking Spaces 10
Private Pool false
Building
Story 1
Level or Stories One Story
New Construction No
Others
Tax ID 2235001004
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Listed by Arthur Yoon • Redpoint Realty