Exceptional Development And Investment Opportunity In The Highly Sought-After East Hollywood / Silver Lake Adjacent Area. Situated On A 5,649.3 Sq Ft LARD2-1XL Lot, Subject Property Offers Outstanding Potential For Investors, Builders, And Developers Looking To Capitalize On One Of Los Angeles’ Most Active Infill Housing Markets. Capitalize On Multifamily Density (Up To 7 Units According To Research), SB-9 Flexibility, And ADU Expansion Strategies In A High-Demand Rental Market. Featuring 3 Bedrooms And 2 Bathrooms Total (Records Indicate 2/1) That Requires Renovation, This Classic Los Angeles Style Home Has Dual (2) Driveways On Each Corner Leading Up On The Left Side To A Detached Rear Garage. As Soon As You Enter The Front Door On The Elevated Porch, You’re Greeted By An Expansive Living Room With Fireplace And Built In Shelving, To The Left Is A Dining Area With Window Nook Allowing Plenty Of Natural Light. Next To The Dining Area Is A Kitchen With Access To The Backyard And Laundry Area As Well As To The Hallway Connecting The Den/3rd Bedroom, Other Bedrooms, And Bathrooms. The Den Opens To The Fenced In Backyard. 2 Expansive Bedrooms With Hallway Access Which Opens To Living Area. Primary Bedroom Has Spacious Bathroom Attached And Plenty Of Windows As Well As A Double Doors To Yard. Surrounded By Multifamily Properties And Recent Redevelopment Projects (Literally Across the Street), The Parcel Is Ideally Positioned For Repositioning Into A Higher-Density Residential Asset Utilizing Transit Oriented Communities (TOC Tier 3) – Higher Residential Density Bonus / Reduced Parking Requirements / Build Height Incentives, The Transit Oriented Incentive Area (TOIA 2), The State Enterprise Zone, And Possibly SB-166 Advantages. SELLER FINANCING OPTIONS AVAILABLE. From Long Term Appreciation, Fix And Flip Investors, To Builders And Developers – Bring Your Offers, Call Listing Agent Now!
154 days
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1,139
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48
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Zillow last checked:
Listing updated:
Listed by:
Justin YeeDRE #01904338949-533-1572,
eXp Realty of Southern California, Inc
Source: CRMLS,MLS#: OC26050195Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3
Rooms
Room types: Bedroom, Den, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other, Dining Room
Primary bedroom
Features: Main Level Primary
Bedroom
Features: All Bedrooms Down
Bedroom
Features: Bedroom on Main Level
Bathroom
Features: Closet, Full Bath on Main Level, Linen Closet, Tub Shower
Kitchen
Features: Tile Counters
Other
Features: Walk-In Closet(s)
Heating
Fireplace(s), Wall Furnace
Cooling
Wall/Window Unit(s)
Appliances
Included: Free-Standing Range, Gas Oven, Gas Range, Refrigerator, Range Hood
Laundry: Washer Hookup, Outside
Features
Separate/Formal Dining Room, Eat-in Kitchen, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
Flooring: Carpet, Wood
Doors: Storm Door(s)
Windows: Wood Frames
Has fireplace: Yes
Fireplace features: Living Room
Common walls with other units/homes: No Common Walls
Interior area
Total interior livable area: 1,440 sqft
Property
Parking
Total spaces: 7
Parking features: Concrete, Carport, Driveway, Driveway Up Slope From Street, Garage, RV Potential, RV Gated, RV Access/Parking
Garage spaces: 1
Carport spaces: 3
Covered spaces: 4
Uncovered spaces: 3
Accessibility
Accessibility features: Safe Emergency Egress from Home
Features
Levels: One
Stories: 1
Entry location: 1
Patio & porch: Concrete, Front Porch
Exterior features: Awning(s)
Pool features: None
Spa features: None
Fencing: Chain Link,Needs Repair,Wrought Iron
Has view: Yes
View description: Neighborhood
Lot
Size: 5,650 Square Feet
Features: Back Yard, Front Yard, Lawn, Near Public Transit, Rectangular Lot, Sloped Up, Yard
Details
Parcel number: 5538007026
Zoning: LARD2
Special conditions: Standard,Trust
Construction
Type & style
Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence
Materials
Concrete, Wood Siding
Foundation: Raised
Roof: Shingle
Condition
Additions/Alterations,Fixer
New construction: No
Year built: 1919
Utilities & green energy
Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Phone Connected, Sewer Connected, Water Connected