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$495,000
Est. payment /mo
2 Beds
1 Bath
988 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 988 sqft
Price per Sqft $501
MLS Listing ID 26666359
Bedrooms 2
Full Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1910
Lot Size 4,721 Sqft
Property Sub-Type Single Family Residence
Property Description
Exceptional development and value add opportunity in a rapidly transforming Los Angeles corridor. This 2 bedroom, 1 bath Craftsman totals 988 SF on a 4,723 SF lot and is zoned LAR2, offering strong potential for multiunit redevelopment, ADU additions, or income producing expansion, with a long driveway for parking (buyer to verify). Built in 1910, the existing structure is well suited for a full reposition or complete redevelopment. Strategically located near the 110 Freeway with immediate access to Downtown Los Angeles, the Coliseum, and Crypto.com Arena. With major global events such as the upcoming World Cup and Olympics driving longterm demand, this property presents compelling upside for rental, short term lodging, or hold strategies. Prime opportunity for developers and investors seeking density, flexibility, and future growth.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Heating None
Cooling None
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Laundry Inside
Exterior
Parking Features Driveway
Pool None
View Y/N No
View None
Private Pool No
Building
Faces South
Entry Level One
Architectural Style Craftsman
Level or Stories One
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 6005021030
Special Listing Condition Standard
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Listed by Michael Tipton Coldwell Banker Realty #02194486
Nearby Locations
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