Side-by-side 1,936 SF duplex on 7,010 SF of R4-1VL Tier 3 TOC land with significant redevelopment and expansion potential in the Heart of Koreatown. Delivered vacant, this property provides immediate income potential and long-term value with the possibility of adding 17 units by right, or 31 units with TOC incentives.… Read More Additionally, opportunities to build an ADU, a 4-plex, or pursue an Affordable Housing Project are all viable options. The existing duplex features two units, with one recently remodeled and move-in ready, and the other requiring some TLC. Classic period details such as wood floors and built-ins add charm and character to the units. The property includes two one-car garages with a screened-off area attached to each, offering convenient parking in the rear. Located just steps from Pico Blvd. and Western Ave. A Walker's Paradise with easy access to some of the best restaurants, shops, markets, public transit, and nightlife that Koreatown offers. Enjoy quick access to The Original El Cholo, USC, Staples Center, and the 10 Freeway making this a prime location for future tenants. Read Less
Listing Snapshot
Days Online
9
Last Updated
Beds
2
Square Ft.
1,936
Lot Size
0.16 Acres
Year Built
1922
MLS Number
26667813
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Microwave
Building
Built in 1922, Living area: 1936.0, 1 building, Levels: One
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross Income: $48,000, Net Operating Income: $33,600
Lot
0.161 acres
Parking
DoorMulti, Garage
Taxes
Parcel Number: 5080012019, Zoning: LAR4
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Be the first to explore the latest properties to hit the market. From cozy retreats to stunning estates, these fresh listings are ready for you to discover. Don’t miss your chance to find the perfect home!
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
