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$ 975,000
Est. payment | /mo
5 Beds
2 Baths
2,001 SqFt
$ 975,000
Est. payment | /mo
5 Beds
2 Baths
2,001 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,001 sqft
Price per Sqft $487
MLS Listing ID CL26862261
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1903
Lot Size 5,930 Sqft
Acres 0.1361
Property Sub-Type Single Family Residence
Property Description
First time on the market in over 20 years! Owned and enjoyed by the same family for over two decades, this rare investment opportunity is ideally located in the highly sought-after University Park neighborhood, just moments from USC. Built in 1903, this residence offers approximately 2,001 sq ft of living space on a 5,930 sq ft lot and is currently configured and used by the current owners as a 5-bedroom, 2-bath income-producing property. The property is currently tenant occupied and will be delivered vacant at the close of escrow. Spacious backyard offers potential for future projects, including a possible ADU or other improvements, subject to buyer verification and applicable approvals. Property is recorded as a single-family residence. Detached garage currently provides additional bonus space; buyer to verify permits, legal use, and all applicable approvals. Buyer to investigate all aspects of the property, including but not limited to permits, current use, rental income, square footage, zoning, development potential, and satisfy themselves through their own due diligence. Ideally located in University Park, one of Los Angeles's most established neighborhoods surrounding USC, with convenient access to Exposition Park, BMO Stadium, Downtown Los Angeles, restaurants, shopping, entertainment, and public transportation. An exceptional opportunity in one of Los Angeles's most desirable investment corridors.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Interior Features Family Room
Heating None
Cooling None
Flooring Tile, Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance Refrigerator
Laundry Dryer, Washer, Inside
Exterior
Pool None
View Y/N true
View City Lights, Other
Total Parking Spaces 4
Private Pool false
Building
Story 2
Architectural Style Victorian
Level or Stories Two Story
New Construction No
Others
Tax ID 5124004001
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Listed by Wayne Saks • Rodeo Realty
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