Probate sale with court confirmation REQUIRED. An unparalleled investment opportunity awaits in the heart of Los Angeles! This expansive multifamily property, Zoned R3-1XL, TOC Tier-3, offering incredible potential for savvy investors and developers. The property includes a main structure and two units above the garage. The main structure suffered… Read More significant fire damage and presents a unique chance to build new construction, fully renovate, or reimagine the entire site to maximize its income-producing potential. The garage units are currently occupied and seller is not collecting rent. Property is being sold with tenants in place at COE and will NOT be delivered vacant. The prime location offers a truly walkable, urban lifestyle. You're just moments from the vibrant energy of Koreatown and Hollywood, with endless dining, shopping, and entertainment options. Commuting is effortless with easy access to the 101 Freeway, as well as the Metro B and D lines, putting the best of Los Angeles within easy reach. This is a rare chance to acquire a valuable piece of real estate in a dynamic, highly desirable, and high-growth neighborhood. **Sold subject to non-paying tenants in place** Read Less
Property listed by Equity Union, Andrew Brody 424-600-7620
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Beds
8
Square Ft.
3,470
Lot Size
0.2 Acres
Year Built
1922
MLS Number
25605651
30 Days Snapshot Of 90029
$1.07M
+20%
(avg) sold price
5
+150%
homes sold
78
-34%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1922, Building area total: 3,470, Levels: MultiSplit, Living area: 3470, 2 buildings
Cooling
None
Heating
None
Lot
0.1956 acres, 8,519 square feet, Size: 8,519
Property
Zoning: LAR3
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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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