$410,000
$410,000
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3 Beds
1 Bath
1,600 SqFt
SOLD DATE : 01/15/2015
Key Details
Sold Price $410,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $256
MLS Listing ID OC14061844
Sold Date 01/15/15
Bedrooms 3
Full Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1946
Lot Size 6,751 Sqft
Property Description
Golden Opportunity awaits one lucky investor! This Single Family residence is zoned R 1.5 which equates to being zoned for up to FOUR (4) units on this lot! Highest & Best use is to CONSTRUCT a four plex for rentals! Upside OVER 1.4 Million (after completion)! Suggested units of 4- 3 bedroom, 2.5 baths, with carports or garages for each unit! Retail value after completion (extremely conservative estimate) minimum $1,400,000.00!!! Close to freeways, easy access, walk to shopping! Please DO NOT disturb occupants! Neighborhood is in redevelopment stage, prime income opportunity! Primary photo is rendition of one idea for a four unit complex that should fit on this lot. Some modofications may be needed to construct the rendition to the existing lot and lot configuration. Other floor plans are ideas of four unit structures that can be built under current zoning regulations. Lot size approximately 50 feet X 135 feet.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning R1.5
Rooms
Other Rooms Storage
Interior
Interior Features All Bedrooms Down
Heating Wall Furnace
Cooling Gas
Flooring Wood
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Exterior Feature Sport Court
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Barbed Wire, Chain Link, Stone, Wrought Iron
Pool None
Community Features Storm Drain(s), Street Lights, Sidewalks, Urban
Utilities Available Sewer Available
View Y/N No
View None
Roof Type Asphalt
Attached Garage No
Total Parking Spaces 6
Private Pool No
Building
Lot Description Front Yard
Story 1
Entry Level One
Foundation Raised
Water Public
Architectural Style Ranch
Level or Stories One
Additional Building Storage
Construction Status Fixer
Others
Senior Community No
Tax ID 2321018011
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Private
Special Listing Condition Standard
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Bought with Iren Bznuni • Bznuni Realty Group
Real Estate Agent & Loan Officer | License ID: 02076931
+1(949) 226-1789 | realestateaminzarif@gmail.com