Property tenant occupied - Please do not disturb tenants. The perfect 'turn key' investment or development site. Positioned in close proximity to the extraordinary transformation of Downtown LA with dozens of new developments, including upscale retail shopping, new restaurants, a new soccer arena, football stadium, Olympic Park, possible zoning for multiple units and a current rental income of $5,200 monthly, this site has endless potential for growth and profit. Currently an immaculate 2500+sq ft 2 story early California Craftsman home combining the charm of yesteryear with the modern amenities of today. Located on a huge street to street 7000+ sq ft flat lot with 4 bedrooms, 3 baths, formal dining room, pristine updated bathrooms and kitchen, newer appliances, dishwasher & breakfast room, straight on unobstructed views of Downtown, a veranda overlooking the fruit trees and city lights, parking for several cars and the potential for building additional units (confirm with city).
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Listing Courtesy ofPacific Union International