Description
Unlock the potential of this expansive 7,812 sq. ft. lot, perfectly positioned in a coveted qualified opportunity zone. with rti (ready to issue) permits in hand for a 6-unit building (5 units + 1 attached adu), 5 - 3 bed, 3.5 bath units and 1 - 3 bed, 3 bath unit, this is a dream project for investors and developers alike. zoned lard1.5, this property offers exceptional flexibility and density potential. situated near top la landmarks including usc, la memorial coliseum, downtown la, crypto.com arena, california science center, bmo stadium, and the natural history museum, as well as an array of restaurants, shops, and supermarkets, this location is unbeatable. the existing duplex is primed for demolition, clearing the way for a modern multi-unit development in the heart of one of la's most vibrant communities. don’t miss this chance to capitalize on a high-demand rental market and the benefits of building in a qualified opportunity zone.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49172003
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Fireplace: None
Cooling Features
- None
- Air Conditioning
Heating Source
- None
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1921
- Building Area Total: 1,806
Pool Features
- None
Laundry Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1794
- Lot Size Source: Assessor
- Lot Size Square Feet: 7814
-
Listing Information
Listing Price Information
- Original List Price: 1,150,000
- Listing Contract Date: 2025-03-31
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5037004017
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: None
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood: C34 - Los Angeles Southwest
- Postal Code Plus 4: 1607
- Directions: Vermont and Exposition
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: C34 - Los Angeles Southwest
- Property SubType: Duplex
Building and Construction
- Property Age: 104
- Common Walls: 1 Common Wall
- Structure Type: Duplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 04/28/2025 @ 07:08
- MLS: PW25069521
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 1,806 sqft, 7,814 sized lot, and 0 parking. are nearby neighborhoods.