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Listed by Carlos Collazo, DRE #02003341 • Peak Real Estate Inc.
$ 1,500,000
Est. payment | /mo
6 Beds
3 Baths
2,700 SqFt
$ 1,500,000
Est. payment | /mo
6 Beds
3 Baths
2,700 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $555
MLS Listing ID CRSR26139554
Bedrooms 6
Full Baths 3
Year Built 1948
Lot Size 0.355 Acres
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
Exceptional Development Opportunity! Situated on an approximately 15,000 sq. ft. buildable lot (per architect), this rare property offers outstanding potential for developers, investors, and owner-builders in a highly desirable central location. Preliminary information indicates the potential for multiple duplexes and additional ADUs, providing significant redevelopment opportunities (buyer to independently verify zoning, land use, and development potential with the appropriate city and planning authorities). The property currently features a 4-bedroom, 2-bathroom main residence, along with a permitted 2-bedroom, 1-bathroom ADU, plus a detached storage building, offering excellent flexibility for multigenerational living, rental income, or immediate occupancy while future development plans are pursued. Recent improvements include new windows, updated systems, and a newer water heater, providing added value and functionality. Conveniently located near major freeways, public transportation, shopping, schools, and other community amenities, this property offers both immediate income potential and exceptional long-term redevelopment value. Whether you're seeking a prime infill project, an investment with existing rental opportunities, or a property with substantial future up
Location
State CA
County Los Angeles
Area 699 - Not Defined
Rooms
Kitchen Other
Interior
Heating Gas, Central Forced Air
Cooling Central AC
Fireplaces Type None
Laundry Other
Exterior
Pool None
View City Lights
Building
Story One Story
Water Heater - Gas, District - Public
Others
Tax ID 2619008022
Special Listing Condition Not Applicable

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