Amazing investor/developer opportunity in Koreatown! Existing 2-bed 1-bath + bonus room Craftsman-style home built in 1910. This property sits on 4,801 lot and is zoned Lar3 which can be legally converted into a 6-unit apartment. But with the Tier 3 Bonus Density, a potential 3 additional units can be added, turning it into a 9-unit apartment building. The majority of this street are all apartment buildings. Area is booming with new construction and development, and this land is highly desirable for huge upside in ROI. For those not looking to develop, the property needs some cosmetic work and has a lot of existing charm and character details inside the spacious Craftsman property. Detached 2-car garage towards the back of the lot also needs work and repair.
DAYS ON MARKET
|
154
|
LAST UPDATED
|
2/15/2023
|
YEAR BUILT
|
1910
|
COMMUNITY
|
Mid-Wilshire
|
GARAGE SPACES
|
2.0
|
COUNTY
|
Los Angeles
|
STATUS
|
Sold
|
PROPERTY TYPE(S)
|
Single Family
|
School District |
Los Angeles Unified |
Prior to Dec 2, '22
|
$899,000
|
Dec 2, '22 - Today |
$879,999 |
AIR |
None |
APPLIANCES |
Gas Range |
AREA |
Mid-Wilshire |
CONSTRUCTION |
Lap Siding |
FIREPLACE |
Yes |
GARAGE |
Door-Multi, Driveway, Garage, Garage Faces Front, Yes |
HEAT |
Fireplace(s) |
HOA DUES |
0 |
INTERIOR |
Ceiling Fan(s) |
LOT |
4801 sq ft |
LOT DESCRIPTION |
Front Yard |
PARKING |
Door-Multi,Driveway,Garage Faces Front,Garage |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
1 |
UTILITIES |
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected |
VIEW DESCRIPTION |
None |
WATER |
Public |
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Listed with eXp Realty of California Inc
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 3/29/24 6:03 AM PDT 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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