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$ 1,350,000
Est. payment | /mo
7 Beds
3,384 SqFt
$ 1,350,000
Est. payment | /mo
7 Beds
3,384 SqFt
OPEN HOUSE
Sat Mar 01, 11:00am - 2:00pm
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,384 sqft
Price per Sqft $398
MLS Listing ID CL25499913
Bedrooms 7
HOA Y/N No
Year Built 1909
Lot Size 6,923 Sqft
Acres 0.16
Property Sub-Type OTHER
Property Description
Rare Sale of a 100% Vacant, Value-Add Triplex in Prime Highland Park! Less than a block from Figueroa & all the hotspots that make Highland Park one of the most vibey neighborhoods in Northeast LA. Final unit mix after remodel and ADU construction could be: a 3Br+2Ba 1,086 SF unit, a 3Br+2Ba 1,152 SF unit, a 1Br+1Ba 612 SF unit, and a rear detached two story ADU 3Br+3Ba and 1,180 SF. Potential future income is appx $14,000 per month! WOW! The 1Br+1Ba has already been fully renovated. RTI permits to remodel 2 units in front, plus approved plans to build a rear 1,100 SF ADU will transfer with the sale (value of over $100,000!) RTI Permits means Ready To Issue - after escrow is closed the Buyer just pays the permit fees and begins construction immediately! A huge value! This property would make an ideal TIC conversion, owner-user property, or stabilized cash flowing investment once renovated. Full marketing package available upon request.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Flooring Laminate, Tile
Fireplace No
Laundry Dryer, Washer
Exterior
Utilities Available Other Water/Sewer
View Y/N false
View None
Total Parking Spaces 5
Building
Lot Description Other
New Construction No
Others
Tax ID 5492002002
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Listed by Dana Coronado • Compass
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Patrick Nagel
REALTOR® | Lic# 1760790