Price Reduction of $100,000! This fully remodeled 13-bedroom, 8-bathroom single-family residence is listed in public records as 'Rooming House' (County Land Use) and 'Transient Lodging' (Universal Land Use). It presents a prime opportunity for owner-users, non-profit organizations, investors, or developers seeking a profitable income stream and/or development potential. Currently, three properties (1717, 1721, and 1709 Crenshaw Blvd.) are on the market, offering the potential for larger apartment or condo developments. The property is equipped with a solar system, kitchen appliances, wood laminate floors, and more. A previous MLS listing (MLS#20-641425) proposed a 45-unit + 20-unit development on the 22,416 sq. ft. lot. Buyers are strongly advised to independently verify all aspects of the property and the accuracy of the information through inspection and consultation with appropriate professionals. Neither the Seller nor the Brokers guarantee the MLS information. Additionally, the property offers ample parking spaces with approximately 10+ spots available in the front and back yards. It is not located in an HPOZ and is conveniently situated near Downtown Los Angeles, Koreatown, USC campus, with easy access to the 10 and 110 freeways.
DAYS ON MARKET
|
43
|
LAST UPDATED
|
11/20/2024
|
YEAR BUILT
|
1923
|
COMMUNITY
|
Mid Los Angeles
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
School District |
Los Angeles Unified |
AIR |
Electric, Wall/Window Unit(s) |
AIR CONDITIONING |
Yes |
APPLIANCES |
Dishwasher, Gas Oven |
AREA |
Mid Los Angeles |
CONSTRUCTION |
Stucco |
GARAGE |
Deck, Door-Multi, Driveway, Garage, Paved, Private, RV Potential, Yes |
LOT |
7483 sq ft |
LOT DESCRIPTION |
Back Yard, Front Yard, Rectangular Lot |
PARKING |
Door-Multi,Driveway,Garage,Paved,Deck,Private,RV Potential |
POOL DESCRIPTION |
None |
STORIES |
2 |
STYLE |
Traditional |
VIEW DESCRIPTION |
None |
ZONING |
LAR3 |
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Listed with I & J Properties, 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 11/25/24 5:40 PM PST 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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