$455,000
$450,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
4,843 Sqft Lot
SOLD DATE : 10/16/2024
Key Details
Sold Price $455,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24064291
Sold Date 10/16/24
HOA Y/N No
Lot Size 4,843 Sqft
Acres 0.1112
Property Description
LOT VALUE with APPROVED PLANS - Property scrapped - RTI and SB8 Cert APPROVED!! Don't miss out on this exceptional investment opportunity! This lot is being sold with approved plans to build an approximately 2,805 sq ft duplex with an ADU, garages/parking, and potential for a 4th unit ADU. The multi-family building offers three units with incredible income potential. The first floor features two separate units: a 2-bedroom, 1-bathroom unit spanning 787 sq ft and a 1-bedroom, 1-bathroom unit spanning 547 sq ft, both with in-unit washer and dryer. Located in a prime area, this property is a fantastic investment opportunity for seasoned investors and first-time buyers. With multiple income streams from the three units, you can enjoy the potential for significant rental income. Schedule a showing today to explore this property’s immense potential for your investment goals.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR2
Interior
Fireplace No
Exterior
Community Features Gutter(s)
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Present Use Residential
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5115033024
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Auction
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jennifer AguilarShamoo • Innovate Realty, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner