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$549,000
Est. payment /mo
4 Beds
2 Baths
5,400 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26164677
Bedrooms 4
Lot Size 5,400 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare LARD2 Development Opportunity with a Brand-New Roof in the Heart of Los Angeles! This is your chance to acquire an income-producing duplex (2 Units each 2 bed 1 bath) situated on a 5,400 sq. ft. LARD2-zoned lot in one of Los Angeles' rapidly evolving neighborhoods. A new roof was installed less than one year ago, providing added value and reducing a major future capital expense for the next owner. Whether you're an investor looking to expand your portfolio, a developer seeking future opportunities, or a buyer searching for a property with long-term upside, this exceptional offering checks all the boxes. The existing duplex features two spacious 2-bedroom, 1-bath units with month-to-month tenants, separate electric meters, providing immediate rental income while offering flexibility for future ownership strategies, subject to applicable laws and regulations. Additional improvements include a detached two-car garage and a basement/storage area, creating even more functionality and future possibilities. LARD2-zoned duplex properties on a 5,400 sq. ft. lot with a recently installed roof are becoming increasingly difficult to find. Whether your strategy is to hold for long-term appreciation, enhance the existing asset, or explore future redevelopment opportunities, this property offers exceptional potential. Buyers are encouraged to independently verify zoning, development possibilities, ADU opportunities, allowable density, and future use with the City of Los Angeles. This property will not last call today! Buyer and Buyer's Agents are encouraged to independently inspect,
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Exit the 110 Freeway at Slauson Avenue. Head west on Slauson Avenue. Turn right onto South Figueroa Street. Turn left onto West
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Acceptable Financing Cal Vet, Cash, Conventional, Exchange
Listing Terms Cal Vet, Cash, Conventional, Exchange
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Listed by Jonathan Hernandez, DRE#02108096 eXp Realty of Greater L.A
Nearby School & Business
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