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$ 1,100,000
Est. payment | /mo
5 Beds
3 Baths
2,053 SqFt
$ 1,100,000
Est. payment | /mo
5 Beds
3 Baths
2,053 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,053 sqft
Price per Sqft $535
MLS Listing ID 26873017
Bedrooms 5
HOA Y/N No
Year Built 1904
Lot Size 7,004 Sqft
Property Description
An exceptional opportunity for investors, developers, or owner-users in the USC/Exposition Park area. This approximately 7,000-square-foot lot currently features two separate residential units, offering immediate flexibility with significant potential for future development. The front residence is an approximately 1,400 sqftt 3-bed, 2-bath home, complemented by a detached rear unit of approximately 600 sqft with 2 bedrooms and 1 bath. The detached configuration provides excellent separation between the two residences and creates a compelling setup for an owner-user, multigenerational household, or investor. Adding to the property's upside is an existing garage with potential for ADU conversion. The property is zoned LARD1.5 (Restricted Density Multiple Dwelling). The potential for up to four additional units creates an attractive development scenario for buyers looking to maximize the site's residential potential. Situated approximately one mile from USC, the property offers convenient access to the University of Southern California, Exposition Park, Downtown Los Angeles, and surrounding transit and amenities. Whether you're seeking an income-producing property, a property with room to expand, or a development opportunity in a high-demand Los Angeles location, the property presents a rare combination of existing housing and future upside.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LARD1.5
Interior
Heating Fireplace(s)
Cooling None
Fireplace No
Laundry Outside
Exterior
Parking Features Driveway
Building
Faces South
Entry Level One
Sewer Other
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5040010028
Special Listing Condition Standard
Listed by Sergio Guizar Coldwell Banker Realty #02034357
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