Rare opportunity for investors! This historic DUPLEX zoned LARD1.5 is eligible to either add on to what is there now, or build an entirely new multi-unit structure. Many of these small-lot developments are springing up in the area. The other opportunity is to hold and maintain this wonderful 1927-built duplex with 2 separate units currently rented by long-time reliable tenants with an overall income of $3,500-plus a month combined. There is an additional structure in the back not currently in use, and could be refurbished/modified for a possible third living space. Live in one unit and enjoy the rental income from the others! The front unit is a 2 bedroom, 1 bath, and the back unit is a 1 bedroom, 1 bath, each with separate yard areas. Located in the heart of the NOHO Arts District in the Toluca Woods area, and within walking distance to fine dining, shopping & the film studios mecca, this is a much-desired location for happy living! Act quickly, as this one will not last!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
