$1,150,000
$1,175,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
7,191 Sqft Lot
SOLD DATE : 08/10/2020
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR20130175
Sold Date 08/10/20
HOA Y/N No
Year Built 1948
Lot Size 7,191 Sqft
Property Description
DEVELOPMENT OPPORTUNITY! R3 lot with ready architectural plans for either 5 SLS (Small Lot Subdivision) homes or 9 unit apartment building with on grade parking. Architectural plans done by well known Jay Vanos of Vanos Architects. Buyers to complete process to obtain RTI. Seller will provide property Survey and Soil reports. SLS homes are 3 bed 2 bath totaling approx. 8000 Sq Ft. 9 unit apartment building totaling approx. 8500 rentable sq ft and a roof top deck. Currently there are two houses on this lot behind an electric gate. Front house is 3 bed 2 bath. Clean unit with new flooring and paint throughout. Back unit is 2 bed 1 bath completely renovated with a new kitchen, bathroom, flooring and AC. This property is a diamond in a rough. Good rental income while you get your plans approved and ready. This one is a great Investment!
Location
State CA
County Los Angeles
Area Vg - Valley Glen
Zoning LAR3
Interior
Interior Features Granite Counters, Recessed Lighting, Tile Counters
Heating Forced Air
Cooling Central Air
Flooring Vinyl
Fireplaces Type Family Room
Fireplace Yes
Appliance Gas Range
Laundry Inside
Exterior
Garage Driveway
Pool None
Community Features Valley
View Y/N No
View None
Private Pool No
Building
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2333008001
Security Features Security Gate
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Raffi Soualian • JohnHart Real Estate