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Key Details
Sold Price $640,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 884 sqft
Price per Sqft $723
MLS Listing ID CV23139711
Sold Date 10/01/24
Style Detached
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1923
Lot Size 5,509 Sqft
Acres 0.1265
Property Description
BACK ON THE MARKET! INCREDIBLE INVESTMENT OPPORTUNITY IN EAST LOS ANGELES! ZONED R3 WITH ADDITIONAL UNIT POTENTIAL! Welcome to this 2-bedroom, 1-bathroom home built in 1923, ideally situated on a corner lot in the heart of East Los Angeles. The property boasts a generously-sized lot with multiple entrances and a detached garage at the back. Investors, take note of the fantastic R3 zoning, offering the possibility to add more units to the property. Verify the potential use and zoning with the city/county to unlock its full potential. Though the property requires some tender loving care (TLC), its abundant potential makes it a true diamond in the rough. The location is highly desirable, providing easy access to major freeways, proximity to Downtown Los Angeles, the convenience of being near East L.A. College, shopping centers, parks, restaurants, and public transportation options. Additionally, the nearby Metro Train Station makes it easy to explore the city. Take advantage of the potential this property holds and turn it into a lucrative investment in one of Los Angeles's most promising communities. Act quickly as opportunities like this are rare!
BACK ON THE MARKET! INCREDIBLE INVESTMENT OPPORTUNITY IN EAST LOS ANGELES! ZONED R3 WITH ADDITIONAL UNIT POTENTIAL! Welcome to this 2-bedroom, 1-bathroom home built in 1923, ideally situated on a corner lot in the heart of East Los Angeles. The property boasts a generously-sized lot with multiple entrances and a detached garage at the back. Investors, take note of the fantastic R3 zoning, offering the possibility to add more units to the property. Verify the potential use and zoning with the city/county to unlock its full potential. Though the property requires some tender loving care (TLC), its abundant potential makes it a true diamond in the rough. The location is highly desirable, providing easy access to major freeways, proximity to Downtown Los Angeles, the convenience of being near East L.A. College, shopping centers, parks, restaurants, and public transportation options. Additionally, the nearby Metro Train Station makes it easy to explore the city. Take advantage of the potential this property holds and turn it into a lucrative investment in one of Los Angeles's most promising communities. Act quickly as opportunities like this are rare!
Location
State CA
County Los Angeles
Area Los Angeles (90022)
Zoning LCR3*
Interior
Cooling Wall/Window
Equipment N/K, Gas Stove
Appliance N/K, Gas Stove
Exterior
Parking Features Garage, Garage - Single Door
Garage Spaces 2.0
View Neighborhood
Total Parking Spaces 2
Building
Lot Description Corner Lot, Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Monthly Total Fees $42
Acceptable Financing Cash, Conventional, FHA, VA, Submit
Listing Terms Cash, Conventional, FHA, VA, Submit
Special Listing Condition Standard
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Bought with Wendy Miranda • Keller Williams SELA
“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
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