A rare investment opportunity on an expansive 15,629 SF gated lot in one of Los Angeles most dynamic growth corridors. Behind a private horseshoe drive, the property offers two existing residences with separate addresses, plus ready-to-issue permits for a newly designed 1,200 SF two-story detached ADU delivering a unique combination… Read More of immediate income and long-term upside. The primary home features 3 bedrooms, 2 bathrooms, a light-filled living room, bonus room, and an updated kitchen with granite counters. The generous primary suite includes an en-suite bath, with two additional bedrooms and a covered patio ideal for entertaining. An attached 2-bedroom, 1-bath ADU offers approved plans for conversion into a Jr. ADU, further enhancing the property's income potential when paired with the new detached ADU build. The property currently has month-to-month tenants, paying $6,800 per month in rent - with projected gross income of approximately $11,000/month upon completion, this is a cash-flow asset in a prime location equally compelling for investors, developers, and discerning end-users. Read Less
Courtesy of Compass 310-230-5478
Listing Snapshot
Days Online
2
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
3
Square Ft.
1,960
Lot Size
0.36 Acres
Year Built
1953
MLS Number
25579177
30 Days Snapshot Of 91304
$1.10M
+45%
(avg) sold price
2
0%
homes sold
41
-57%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Oven, Microwave, Dryer, Washer, Solar Panels, Microwave, Refrigerator, Dishwasher
Building
1,960 sq ft, Built in 1953, Levels: One, Detached/No Common Walls, Ranch
Cooling
Central, Air Conditioning
Disclosures
CC and R
Accessibility Features
None
Exterior Features
Plaster, Stucco, Patio Open, Porch
Fence
Wrought Iron
Fireplaces
1 fireplace, Living Room
Floors
Carpet, Hardwood
Foundation
None
Garage
Garage - 3 Car, Driveway
ADU
Detached
Water Features
Water: District, WaterDistrict: Los Angeles Department of Wate
Heating
Central
Home Owner's Association
HOA Present
Kitchen
Ceramic Counters
Laundry
Room
Lot
LotAcreage: 0.3589, LotSizeArea: 15,634, LotSizeDimensions: 130x120, Back Yard
Miscellaneous
None, None
Parking
TotalParking: 2
Pool
PoolYN: False, None
Property
EntryLocation: Living Room, LandLeasePurchaseYN: False, PropertySubType: Single Family Residence, ViewDescription: Hills, ViewYN: 1, Zoning: LARS, Value Mainly In Land
Roof
Asphalt
Sewer
Public Hookup Available
Spa
Has spa, None
Utilities
Volt220Location: 220V Throughout, Central Water Heater
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