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Description
Attention developers and investors what an opportunity! Listed as TIER 3!! on (TOC)-The Transit Oriented Communities Program. Potential to put SIX UNITS on this lot because of the TIER 3 location. Note following zoning: ( ZI-2452 Transit Priority Area; ZI2374 State Enterprise Zone and ZI2488 REDEVELOPMENT PROJECT AREA WESTLAKE RECOVERY) Also check out the rents in this area, this could be an EXTEMELY equitable opportunity. You may choose to not do anything for the time being and live, rent out or put a family member in the property. This property has old world charm with original hardwood floors and doors and staircase! Upgrades include some new windows and siding, copper plumbing, electrical panel and a large bathroom with a walk-in shower! Potential for 5 bedrooms including maid or in-law quarters and an additional private room over the detached three car garage. This property central to Downtown LA, Dodger Stadium, Silverlake and Echo Park has ENDLESS POSSIBILITIES!
Similar Listings
$120,000,000
12
18
31,608 Sq ft
MLS# 22-154733
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Listing Agent: JOY CROSS 00915798 Courtesy of: RE/MAX MASTERS REALTY "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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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Updated: 4th July, 2022 7:19 AM (UTC)