Welcome to an extraordinary development opportunity in Colfax Meadows, one of the best neighborhoods in Studio City! Situated on a generous 6,864 sqft lot, this home, plus a studio/guest house, boasts LARD1.5 zoning, presenting a canvas of possibilities for the savvy investor or visionary developer to maximize the lot and build multiple units. The added convenience of a corner lot enhances the appeal, providing flexibility for design and construction. The existing 2 bedroom, 1 bath home is currently leasing for $2,950, and the studio/guest house is leasing for $1,600. Close to the Farmers Market, Tujunga Village, and Ventura Blvd for shops and restaurants. Located in the coveted Carpenter Community Charter School. TENANT OCCUPIED. PLEASE DO NOT WALK THE PROPERTY.
Property Type :
Residential
County :
Los Angeles
Style :
Residential
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ByOwner last updated this listing 05/19/2024 @ 01:39
MLS: 24387115
LISTED BY: Bryan Abrams, Sotheby's International Realty
SOURCE: CRMLS
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.
