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    1/2 BATHS
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Listing Details

Status
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On Site
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MLS #
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School Ratings & Info

Description

Tremendous development opportunity in the heart of Highland Park! Located in Northeast LA just minutes away from the shops & eateries on York and Figueroa. The property features a VACANT 2BR-1BA unit and detached garage as well as a spacious studio unit that is tenant occupied with month-to-month occupancy. With LARD1.5 zoning, there is opportunity that permits more rental units to be added or a small lot subdivision. An amazing development opportunity or passive income for a savvy buyer. Property will be sold as-is, in it's present condition.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T17:42:39.713. 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.
www.searchdesertrealestate.com/homes/121057795
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515 N Avenue 50 Los Angeles, CA 90042

  • Price: $699,000
  • Status: Pending
  • Updated: 28 min ago
  • MLS #: 21-776798
2
Beds
0
Baths
0
½ Baths
0.16
Acres
1,388
SQFT
$504
$/SQFT
1932
Built
Neighborhood:
Highland Park
County:
Los Angeles
Area:
Highland Park
Property Description
Tremendous development opportunity in the heart of Highland Park! Located in Northeast LA just minutes away from the shops & eateries on York and Figueroa. The property features a VACANT 2BR-1BA unit and detached garage as well as a spacious studio unit that is tenant occupied with month-to-month occupancy. With LARD1.5 zoning, there is opportunity that permits more rental units to be added or a small lot subdivision. An amazing development opportunity or passive income for a savvy buyer. Property will be sold as-is, in it's present condition.
Exterior Features

Lot Size Area 6838 Other Structures Other Parking Garage Driveway Total Parking 0

Interior Features

Baths Total 2.00 Cooling Central Equipment None Heating Central

Property Features

Assessed Total Value 481679 Gross Income 0 Gross Operating Income 0 Like Units1 1 Like Units2 1 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 0 Type Of Units Duplex Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Lauren Reichenberg DRE#01415570 of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T17:42:39.713. 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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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210