Seize this unique multi-property development opportunity located just minutes from downtown Los Angeles in a thriving high-growth area. This prime LAR3 corner lot spans 6,751 square feet and presents the potential to develop 8 to 10 units. The 3 bedroom/ 1 bathroom home offers 1,213 sq feet. The tenant in the Auto Repair shop currently has a lease that expires soon on May 2025. Additional income is generated from the Billboard and is managed by Lamar. Close proximity to stores, shops, transportation, and freeways. Seller is very motivated! Submit your offer! All offers will be responded to within 48 hours.
|
DAYS ON MARKET
|
218
|
LAST UPDATED
|
4/2/2025
|
|
YEAR BUILT
|
1920
|
COMMUNITY
|
Downtown L.A.
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
|
Prior to Jan 31, '25
|
$699,000
|
|
Jan 31, '25 - Mar 14, '25 |
$650,000
|
| Mar 14, '25 - Today |
$645,000 |
| AIR |
None |
| AREA |
Downtown L.A. |
| GARAGE |
None |
| HEAT |
Wall Furnace |
| LOT |
6751 sq ft |
| PARKING |
None |
| POOL DESCRIPTION |
None |
| STORIES |
1 |
| VIEW DESCRIPTION |
None |
| ZONING |
LAR3 |
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Salem to contact you even if your name is on a Federal or State
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Listed with Pacific Inter Capital Investment Soluti
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 4/17/25 11:03 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
This IDX solution is (c) Diverse Solutions 2025.
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