OPPORTUNITY ZONE PROPERTY. Vacant duplex and detached studio available . According to city records, the main house is around 1256 sq ft and comprises two units, each with 2 bedrooms and 1 bathroom; however, in reality, one unit has 2 bedrooms and 1 bathroom, and the other has 1 bedroom and 1 bathroom. The detached structure features a 360 sq ft studio with an unpermitted bathroom, suitable for use as an office, storage, etc. There is side parking available for three cars. The owner is in the process of getting RTI to demolish the detached studio and build a detached two-story building with two 1-bedroom, 1-bath ADUs, each measuring 400 sq ft. The property has been vacated by the tenants through the Ellis Act. Buyers are advised to conduct their own investigations regarding the property's rental potential. To learn more about the opportunity zone benefits search "opportunity zones irs faq"
MLS# | 25512459 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1905 |
Days On Site | 44 |
Listing Provided By | Vladimir Rozumny 310-210-9810 | Vladimir Rozumny |
Bed(s) | 3 |
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Bath(s) | 3 |
SQ Feet | 1,616 |
Story(s) | 1 |
Units | 3 |
Building(s) | 2 |
Zoning | LARD1.5 |
Acreage | 0.09 |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90029 |
Area | C20 Hollywood |
Listing VS Median (in 90029) | |
Price: $995,000 low | high Med: $1,020,000 SqFt: 1,616 low | high Med: 1,330 $ / SqFt: $616 low | high Med: $767 On site: 44 low | high Med: 37.000000 |