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$ 620,000
Est. payment | /mo
2 Beds
2 Baths
1,130 SqFt
$ 620,000
Est. payment | /mo
2 Beds
2 Baths
1,130 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,130 sqft
Price per Sqft $548
MLS Listing ID 26943079
Bedrooms 2
HOA Y/N No
Year Built 1920
Lot Size 2,657 Sqft
Property Description
**DEVELOPER OPPORTUNITY** Centrally located near Downtown LA, this tenant-occupied duplex offers 2 x (1-bedroom, 1-bathroom) units, with Downtown skyline views and additional monthly income from prominent billboard signage on the property. The billboard agreement is month-to-month, offering a new owner potential flexibility to renegotiate the terms or pursue removal of the signage should they wish. Just around the corner from the Shakespeare Center of Los Angeles and one block from Vista Hermosa Natural Park with convenient access to green space, picnic areas, summer theatrical performances and a neighboring soccer field. The property is Zoned LACWC2(CW)U/3 and located within TOC Tier 3, the site may offer development, commercial, Live/work or business-front potential. An excellent opportunity for investors, developers or owner-users seeking income and long-term upside in a central Los Angeles location.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning C2(CW)-U/3
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Flooring Wood
Fireplace No
Appliance Gas Oven
Exterior
Parking Features None
Building
Faces South
Story 1
Entry Level One
Sewer Other
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5152008018
Special Listing Condition Standard
Listed by Michael Flanagan Keller Williams Larchmont #01836941
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "