Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1933
Sq.Footage
N/A
Fantastic rarely available Residential Income Development Opportunity!! The property is currently one single family home on a 12,005 sq ft lot with plans to subdivide the lot into two parcels with three units on each parcel for a total of six units combined on both parcels. Each potential parcel would contain a 2953 sq ft single family home with a Junior ADU and 533 sq ft ADU for a total building sq. footage of 3486 on each parcel for a combined 6972 sq. ft total for both parcels. The current owner has already spent $40,000 on developing two sewer mains for each potential parcel split. Furthermore, the owner has spent roughly $170,000 on additional plans and administrative legwork that is included in the sale. The subdivision of the lot into two parcels has already been approved pending a demo permit to tear down the existing structure. The property is currently occupied by a tenant that is vacating the current home in early October 2025. There is currently on one single family home on the property with one carport. The first five photos are renderings of the potential project and not to be construed as actual photos of the current site. For more detailed information please contact the Listing Agent.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Zoned
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
See Remarks
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Parking
Carport, Driveway, RV Access/Parking
-
Pool
Yes
-
Pool Features
None
-
View
None
Area & Lot
-
Lot Size(acres)
0.2756
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$1,099,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
261
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of David Crowell , American Dream Realty
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