This beautiful historic HPOZ Craftsman home, presents an exceptional development opportunity. The property features four spacious one-bedroom units, each nearly 1,000 sq ft set on a 10,000 sq ft lot. Additionally, there is the potential to build up to two ADUs (2-3 bedrooms each) (4000+ sqft of buildable space in… Read More rear of the property ) to further enhance cash flow and investment return. Conveniently located near Highland Park, Silver Lake, DTLA, and Dodgers Stadium, this quadplex is ideally positioned to benefit from ongoing neighborhood revitalization and high market demand. Building is easy to manage, with low expenses and has been very well maintained. Don't miss out on this unique opportunity to own a landmark property with considerable upside potential. Read Less
Property listed by LPT Realty, Inc, Tanner Beyer 877-366-2213
Listing Snapshot
Days Online
41
Last Updated
Property Type
Other
Beds
4
Square Ft.
3,852
Lot Size
0.23 Acres
Year Built
1914
MLS Number
25522849
30 Days Snapshot Of 90031
$954k
-36%
(avg) sold price
8
+100%
homes sold
65
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Dryer, Washer
Building
Built in 1914, Building area total: 3,852, Levels: Two, Living area: 3852, 2 stories, 1 building, Common walls: NoCommonWalls
Cooling
None
Heating
WallFurnace
Income
Gross income: $42,684, Net operating income: $36,055
Interior Features
CeilingFans
Laundry
Inside, Stacked
Lot
0.2305 acres, 10,042 square feet, Size: 10,042
Parking
4 open parking spaces, 4 totals parking, Uncovered
Pool
None
Property
Zoning: LARD2
Roof
Composition
Spa
None
Tenant Pays
CableTv, Electricity, Gas, TrashCollection
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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.
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