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$ 889,000
Est. payment | /mo
5 Beds
1,800 SqFt
$ 889,000
Est. payment | /mo
5 Beds
1,800 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $493
MLS Listing ID CL26832661
Bedrooms 5
HOA Y/N No
Year Built 1989
Lot Size 7,008 Sqft
Acres 0.16
Property Sub-Type OTHER
Property Description
Located in the vibrant Vermont Knolls community of Los Angeles, 633 & 635 W 75th Street offers a rare development opportunity with RTI (Ready-To-Issue) permits in place. The existing gated property features a charming two-story building consisting of two updated units, (1) 2 bedroom and (1) 3 bedroom, 1 bathroom units. This gated complex sits on a tree lined street and has a welcoming front lawn, ample driveway parking and lot backs into an alleyway. The approved plans allow for the construction of a 2 story brand-new development. The new project will feature (4) 1 bdr, 1 bath units and (2) 2 bdr, 2 bath ADUs, each thoughtfully designed to meet the needs of modern urban living. The building will encompass approximately 3,700 square feet on a 7006 SF square foot lot. The two front units will generate income while you build out the new units. This property is situated just minutes from USC, LATCC, University of West LA and CAL State LA. Not to mention it is minutes from LA Memorial Coliseum, BMO Stadium , SoFi Stadium, Kia Forum, Intuit Dome, Crypto.com Arena, Dodger Stadium, and more! The property location benefits from a strong demand for rental housing offering significant long-term growth potential. This is a great opportunity for anyone looking to invest in income property in Los Angeles! Drive by only until Open House, do not disturb tenants.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Laundry Common Area, Other
Exterior
Exterior Feature Front Yard
View Y/N false
View None
Total Parking Spaces 3
Building
Lot Description Other, Front Yard
New Construction No
Others
Tax ID 6020023014
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Listed by Claudia Ghazanfary • Call It Closed International,Inc
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