Welcome to this enchanting abode nestled in the heart of Pico-Union, Los Angeles. This captivating residence exudes timeless charm and is nestled in a welcoming neighborhood, offering seamless access to schools, dining hotspots, major freeways, and iconic landmarks such as the Convention Center, Crypto.com Arena, USC, and LA Live.
Discover a myriad of possibilities with this remarkable property. Whether you choose to make it your cherished home, leverage its exceptional rental potential with a history of yielding over $4,000 per month, or explore lucrative options such as constructing an ADU or capitalizing on the advantageous development opportunity with a LARD1.5 zoning on its expansive 8,389 Sq. ft. flat lot boasting dimensions of 58x146.
Additionally, seize the opportunity presented by the area's TOC-Tier 3 designation, its positioning within an Opportunity Zone, and its status as an HPOZ area. The residence itself spans 1,620 Sq. ft. and encompasses 3 bedrooms, 1 bonus room/den, formal dining area 1.5 bathrooms, and eco-friendly solar panels, promising both comfort and sustainability.
With endless prospects awaiting, this property represents not just a home, but a gateway to a lifestyle of unlimited potential.
Property Type :
Residential
Subdivision :
Fallbrook
County :
Los Angeles
Style :
Residential
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ByOwner last updated this listing 05/06/2024 @ 18:27
MLS: GD24064599
LISTED BY: Levon Arzumanyan, The Agency - Studio City
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
