Thank you
Thomas Ahola
Harcourts Prime Properties
949-248-1888
Live Auction! Bidding to start from $499,999! Welcome to this fantastic duplex nestled on an R3 zoned high-density corner lot in the heart of Los Angeles. Boasting a prime location and ample potential, this property offers an ideal opportunity for investors and homeowners alike. Situated on a spacious lot with R3 zoning, this property allows for high-density development possibilities, with the existing structure set further back towards the lot line, providing a substantial buildable area (Zoning and lot size verification available on Zimas). The property comprises two distinct units. The downstairs unit, currently vacant, features a 2 bedroom, 1 bathroom layout awaiting renovation, while the upstairs unit offers a comfortable 2 bedroom, 1 bath configuration with charming Spanish-style coved ceilings, tile bathrooms, and a private front patio. While the upstairs unit presents itself in livable condition, showcasing its unique architectural details, the downstairs unit offers a renovation opportunity, ready to be transformed according to your vision. With the downstairs unit delivered vacant, renovations could begin immediately. Whether you're seeking a savvy investment opportunity or a place to call home with rental income potential, this duplex offers the best of both worlds. Take advantage of the thriving Los Angeles rental market or explore development possibilities to maximize returns. Located in a desirable Los Angeles neighborhood, residents enjoy easy access to local amenities, dining, shopping, entertainment, and transportation options, making it an attractive destination for tenants and homeowners alike. Don't miss out on this rare opportunity to own a piece of prime Los Angeles real estate with endless potential.
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Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1068162837 | 1 | 2 | 1 | 0 |
2 | 1068162837 | 1 | 2 | 1 | 0 |
Water Source : Public
Sewer : Public Sewer
Fireplace: Living Room
None
Air Conditioning
Fireplace(s)
Has Heating
Fireplace Features: Living Room
Has Fireplace: 1
Year Built: 1932
Building Area Total: 1,420
None
Electric Dryer Hookup,Gas Dryer Hookup
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1279
Lot Size Source: Assessor
Lot Size Square Feet: 5571
Original List Price: 499,999
Listing Contract Date: 2024-03-19
Listing Agreement: Exclusive Right To Sell
Parcel Number: 6088001023
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 699 - Not Defined
Postal Code Plus 4: 4111
Directions: West on Imperial property is on the left, cross streets of Menlo and Imperial
Zoning: LAR3
Source Property Type: Residential Income
Area: 699 - Not Defined
Property SubType: Duplex
Property Age: 92
Common Walls: 1 Common Wall
Structure Type: Duplex
Year Built Source: Assessor
Entry Level: 2
Entry Location: Ground
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1031 W Century Boulevard, Los Angeles, CA,90044 | $699,000 | 6 | -- | 1,760 | 5000 Sqft |
936 W 78th Street, Los Angeles, CA,90044 | $950,000 | 5 | 3 | 2,000 | 5720 Sqft |
1002 W 124th Street, Los Angeles, CA,90044 | $675,000 | 3 | 2 | 1,674 | 5353 Sqft |
10310 Vermont, Los Angeles, CA,90044 | $255,000 | -- | -- | -- | 2513 Sqft |
11726 S Budlong Avenue, Los Angeles, CA,90044 | $899,000 | -- | -- | 3,724 | 6776 Sqft |
606 W 78th Street, Los Angeles, CA,90044 | $674,888 | 5 | 1 | 1,672 | 7150 Sqft |
661 W 65th Street, Los Angeles, CA,90044 | $450,000 | -- | -- | -- | 4050 Sqft |
7014 S Vermont Avenue, Los Angeles, CA,90044 | $1,500,000 | -- | -- | 3,313 | 5489 Sqft |
820 822 W 61st Street, Los Angeles, CA,90044 | $670,000 | 3 | 2 | 1,764 | 5852 Sqft |
717 W 77th Street, Los Angeles, CA,90044 | $999,000 | 5 | 5 | 3,651 | 7000 Sqft |
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ByOwner last updated this listing 05/04/2024 @ 08:13
MLS: OC24055385
LISTED BY: Thomas Ahola, Harcourts Prime Properties
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.