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$965,000
Est. payment /mo
3 Beds
1 Bath
1,424 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 1,424 sqft
Price per Sqft $677
MLS Listing ID 25550303
Bedrooms 3
Full Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1911
Lot Size 5,601 Sqft
Property Sub-Type Single Family Residence
Property Description
Exceptional development opportunity in the heart of trendy Highland Park! This approximately 5,600 SF lot, zoned LAC2 with rear alley access, offers plans that consist of 3 phases. Phase 1 is to rebuild the roof which is approved and seller has already paid permits for. Phase 2 plans consist of converting the existing SFR to three units + the cafe. Plans for phase 2 is ready to submit but won't be able to submit to plan check until Phase 1 work is completed and signed off by inspector. Phase 3 is the option to convert the garage into two ADUs in the back or buyer has option to switch to commercial use if wanted. Phase 3 plans can most likely be submitted with phase 2 plans. The existing SFR, previously damaged by fire, is boarded up and ready for redevelopment. Take advantage of the existing plans or explore alternative development possibilities, or other C2-permitted commercial uses. Prime location on vibrant York Blvd, surrounded by popular shops, restaurants, and minutes from DTLA, Dodger Stadium, and major freeways. Plans available upon request. Property to be sold AS-IS-- cash offers or hard money loan only.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Zoning LAC2
Interior
Heating None
Cooling None
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Laundry None
Exterior
Pool None
View Y/N Yes
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 5484015004
Special Listing Condition Standard
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Listed by Shawn S. Kormondy Keller Williams Beverly Hills
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