Located in one of Los Angeles’ most rapidly growing neighborhoods, this LARD 1.5-zoned property offers a prime investment and development opportunity. With significant potential for multi-unit construction, this site is ideal for developers seeking to maximize density and long-term value.
The property currently features nine individual houses and a salon, providing… Read More immediate rental income while serving as a strong foundation for future redevelopment. Strategically positioned in Glassell Park, this site offers seamless access to major freeways, ensuring efficient connectivity to Downtown LA, Silver Lake, and Glendale. The area’s ongoing growth and demand for housing make this an exceptional opportunity for investors looking to develop in a high-potential market.Whether for redevelopment, expansion, or a value-add project, this property presents a rare chance to create a high-performing asset in a sought-after Los Angeles location Read Less
Property listed by Johans Lin, Broker, JOHANS LIN 310-259-7556
Listing Snapshot
Days Online
363
Last Updated
Property Type
MultiFamily
Square Ft.
5,283
Lot Size
0.42 Acres
Year Built
1938
MLS Number
WS25055004
Additional Details
Building
Built in 1938, 2 stories, Entry level: 1, Construction Materials: Stucco
Heating
WallFurnace
Laundry
None
Lot
0.4178 acres, SixToTenUnitsAcre, Topography: Rolling
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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