Builders, Developers, and Contractors – Exceptional Value-Add Opportunity! Prime opportunity to acquire an under-market 4,846-square-foot buildable parcel in the next upward-trending sought-after Mid-Los Angeles area, surrounded by ongoing redevelopment and new construction. This property offers tremendous upside potential for investors, builders, and developers seeking their next project in a rapidly… Read More evolving neighborhood. The site is currently a two-on-one property: a front 2-bedroom, 1-bath single-family residence and a detached rear 1-bedroom, 1-bath single-family residence. It offers immediate rental income while development plans are explored. Nearby properties have recently completed or are currently constructing three- and four-unit residential developments, illustrating strong demand and a redevelopment trend throughout the area. Additional features include a long private driveway leading to a detached two-car garage, a separate storage room, ample on-site parking, and a lot configuration that may lend itself to a variety of future development possibilities (buyer to verify all zoning, density, and development potential with the appropriate agencies). Whether you're looking to renovate, expand, hold for income, or pursue a ground-up development project, this property presents a rare opportunity to capitalize on one of Los Angeles' most active infill markets. Conveniently located near major transportation corridors, employment centers, shopping, dining, and entertainment. Bring your vision and unlock the full potential of this outstanding investment opportunity. Read Less
Property listed by First Team Real Estate, Speedy Watson 310-766-1412
Listing Snapshot
Days Online
78
Last Updated
Property Type
Duplex
Beds
3
Full Baths
2
Square Ft.
1,384
Lot Size
0.11 Acres
Year Built
1947
MLS Number
PW26133917
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Building
Built in 1947, Living area: 1384.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: 1
Community
2 units in community, Curbs, Sidewalks
Cooling
None
Disclosures
CityInspectionRequired
Exterior Features
Patio/Porch Features: Concrete, Open, Patio
Fence
Wood
Fireplaces
None
Floors
Carpet, Vinyl
Foundation
Raised
Garage
2 spaces
Heating
None
Home Owner's Association
Association Fee: $0
Interior Features
BreakfastBar, AllBedroomsDown
Laundry
SeeRemarks
Lot
0.1112 acres, FrontYard, Landscaped, Level
Parking
5 open parking spaces, 7 total parking spaces, Driveway, Garage
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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