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$ 1,556,000
Est. payment | /mo
11 Beds
6 Baths
3,999 SqFt
$ 1,556,000
Est. payment | /mo
11 Beds
6 Baths
3,999 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,999 sqft
Price per Sqft $389
MLS Listing ID 25558191
Bedrooms 11
HOA Y/N No
Year Built 1964
Lot Size 5,889 Sqft
Property Description
Attention Investors & Developers! We present two adjacent income properties totaling 11 units on a combined 11,787 SF R4-zoned lot near Olympic Blvd and Vermont Ave, just minutes from Downtown Los Angeles. This is a rare opportunity to acquire a high-density development site with solid in-place income and excellent future potential. 964 features one spacious 3bd+2ba unit and four 2bd+1ba units and 6 covered side-by-side parking spaces in the rear. 968 offers five 2bd+1ba units, and one 1bd+1ba unit, and 6 covered side-by-side parking spaces in the rear and 3 tandem parking spaces in the driveway. With strong rental demand in the area and favorable zoning for redevelopment, this is an ideal opportunity for investors or developers seeking long-term value in one of LA's most dynamic neighborhoods. Both properties have to be sold concurrently.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR4
Interior
Cooling None
Fireplace No
Exterior
Parking Features Assigned, Covered
Total Parking Spaces 6
Building
Entry Level Two
Architectural Style See Remarks
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5078009017
Special Listing Condition Standard
Listed by Johnny Cho Keller Williams Realty Los Feliz
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Dan Andrizzi
Broker-Associate | Lic# 01440387