This is a great opportunity for investment and development in the historic West Adams neighborhood of Los Angeles. It is a Large flat lot with potential for multiple new units. There are many ways to improve this property. The new owner can choose to repair and expand the house and build a large ADU, or demolish the house and garage and build multiple new units. The zoning is RD2-1-O-HPOZ, which may allow up to 4 units on this lot. Buyer to do their own investigations and confirm specifics of the zoning code with LADBS. This is a unique opportunity to develop a house to live in with additional units for income or to develop a multi-unit investment income property. It is conveniently located close to the 10 Fwy with easy access to West Los Angeles, downtown Los Angeles and USC. It is an ideal location for a new home or an investment rental. Do not miss this opportunity.
Bedrooms
2
Bathrooms
1
Square Feet
1,356
Lot Size
9,914 sqft
Year Built
1949
Property Type
Single Family Residence
Days on Market
0
HOA Fee
N/A
Garage Total
2
MLS #
P1-28101
Interior Features
Breakfast Bar, Separate Formal Dining Room, Laminate Counters, Tile Counters, All Bedrooms Down
Flooring
Tile, Vinyl, Wood
Fireplace
Dining Room, Living Room
Accessibility
No Stairs
Appliances
Gas Range
Main Level Bedrooms
2
Main Level Bathrooms
1
Heating
Natural Gas, Wall Furnace
Total Parking Spaces
2
Garage Spaces
2
Parking Features
Door Single, Garage
Fencing
Chain Link
Security
Carbon Monoxide Detectors, Smoke Detectors, Window Bars
Construction
Drywall, Frame, Plaster, Stucco, Wood Siding
Foundation
Concrete Perimeter, Raised
Roof
Composition, Fiberglass
Direction Faced
South
Lot Features
Sixteen To Twenty Units Acre, Back Yard, Front Yard, Level, Sprinkler System, Street Level, Value In Land
Sewer
Public Sewer
Water Source
Public
Park, Storm Drains, Sidewalks, Urban
$0
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Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features