4 Beds
2 Baths
1,589 SqFt
4 Beds
2 Baths
1,589 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,589 sqft
Price per Sqft $786
MLS Listing ID WS25234230
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1924
Lot Size 6,812 Sqft
Property Sub-Type Single Family Residence
Property Description
Currently, the lot features a single-family residence in livable condition, allowing flexibility for immediate rental income while preparing for construction. The thoughtfully designed plans maximize the site's potential under R2 zoning, providing investors and developers with a rare opportunity to bring a high-demand housing product to the USC area.
Key Highlights:
RTI approved for duplex + ADU, totaling 31 beds & 31 baths
Prime location adjacent to USC – ideal for student housing
Elimination of SB 8 and No Rent Stabilization Ordinance (RSO) for this property, offering greater freedom in rental strategy
Delivered with complete drawings, engineering, and city approval for immediate build-out
Current structure: single-family home in decent condition on site
Close to major freeways, dining, shopping, and Downtown Los Angeles
This is a turnkey development opportunity with all the heavy lifting already completed. The seller has invested significant time and resources to secure approvals, making this a unique chance for developers, investors, and builders seeking high returns in a supply-constrained market.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Rooms
Main Level Bedrooms 4
Interior
Interior Features All Bedrooms Down
Heating Central
Cooling None
Fireplaces Type None
Fireplace No
Laundry In Garage
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
View Y/N No
View None
Total Parking Spaces 2
Private Pool No
Building
Dwelling Type House
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5041022024
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
GET MORE INFORMATION
REALTOR® | Lic# 02067469