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Listed by Venus Martinez • Redfin Corporation
$ 559,990
Est. payment | /mo
4 Beds
2 Baths
1,420 SqFt
$ 559,990
Est. payment | /mo
4 Beds
2 Baths
1,420 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,420 sqft
Price per Sqft $394
MLS Listing ID CRSB24242177
Bedrooms 4
Full Baths 2
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1920
Lot Size 6,201 Sqft
Property Description
4-Bedroom, 2-Bath Fixer with R3 Zoning – Prime Investment Opportunity in Los Angeles! Attention investors and developers! This 4-bedroom, 2-bathroom home near Manchester and Hoover is a complete fixer-upper with massive potential, located in Los Angeles. Sitting on a 6,200 sq foot corner parcel with an R3 zoning designation and TOC Tier 3 designation, this property offers the unique opportunity to renovate or redevelop into a multi-unit project. Key Highlights: R3 Zoning: Unlock the potential for multi-residential development, perfect for maximizing the lot's value and generating long-term income. TOC Tier 3: Allows for increased density above city standards ADU options: The property has a spacious rear yard accessed by an alley that allows for easy access and a perfect place to quickly add a second dwelling Spacious Lot: Ample space to explore various redevelopment options, (buyer to verify zoning regulations) Home is in need of cosmetic and interior improvement but can be quickly updated to move in condition Prime Location: Situated in a vibrant, high-demand area with easy access to transportation, dining, shopping, and entertainment. Whether you’re looking to flip this property or start fresh with a new development, this property offers numerous possibilities for improveme
Location
State CA
County Los Angeles
Interior
Heating Floor Furnace, Natural Gas
Cooling None
Flooring Wood
Fireplaces Type Decorative, Living Room
Fireplace Yes
Laundry Gas Dryer Hookup, Other, Inside
Exterior
Pool None
View None
Private Pool false
Building
Lot Description Other, Street Light(s)
Story 1
Water Public
Schools
School District Los Angeles Unified
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Melanie Peterson-Katz
Partner | Lic# 00890767