Description
Great opportunity! This duplex is a fixer with a value-add opportunity to add 1 new unit, or you can start over and build 3 new units! This CORNER lot duplex is located 4 blocks to Echo Lake and 4 blocks to Sunset Boulevard. It has 5,591 SF of LARD1.5-1VL land. Translation, you can have 3 units on property and build up to 3:1 FAR and 3 stories. The original units on property are in need of full cosmetic renovation including kitchens, baths, and floors. The roof was replaced 2 years ago, and a new sewer-line was installed last August. Tenants are long term tenants; seller will not relocate. Please do not disturb. Property is being sold as is where is. Interior photos of front unit available upon request. Visual inspection with offer to purchase, proof of funds, and financing pre-approval. Perfect for Owner-Occupy Investors, Investors, and builder / developers.
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4BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
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1,830SQFT
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$519$/SQFT
School Ratings & Info
Description
Great opportunity! This duplex is a fixer with a value-add opportunity to add 1 new unit, or you can start over and build 3 new units! This CORNER lot duplex is located 4 blocks to Echo Lake and 4 blocks to Sunset Boulevard. It has 5,591 SF of LARD1.5-1VL land. Translation, you can have 3 units on property and build up to 3:1 FAR and 3 stories. The original units on property are in need of full cosmetic renovation including kitchens, baths, and floors. The roof was replaced 2 years ago, and a new sewer-line was installed last August. Tenants are long term tenants; seller will not relocate. Please do not disturb. Property is being sold as is where is. Interior photos of front unit available upon request. Visual inspection with offer to purchase, proof of funds, and financing pre-approval. Perfect for Owner-Occupy Investors, Investors, and builder / developers.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-26T12:42:50.547. 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.