Jason Tuvia
This listing was posted on RealtyWW.
$725,000
Home For Sale In Los Angeles, California
Price:
$725,000
BR/BA:
4 BR, 4 BA
Location:
7804 7808 S Western Ave, Los Angeles, CA
Description:
We are pleased to present two (2) concurrent duplexes located at 7804-7808 S Western Avenue in Los Angeles, California. The subject property is located in a solid South Los Angeles location, south of W Florence Avenue and west of S Normandie Avenue. Built in 1947 and 1952, this concurrent double-lot contains a streamlined unit mix of four (4) one-bedroom / one-bathroom bungalow style units spread across two (2) duplexes. The double lot has a favorable zoning of LAC2-1VL-CPIO under the South Los Angeles implementation overlay with addition TOC incentives under tier 1, and ED 1 eligibility to eliminate parking requirements. This opens countless opportunities to add value in this changing neighborhood. The property sits between two (2) new construction residential developments, one (1) under construction to the north and one (1) 2018 construction to the south. The zoning and abutting 16ft alleyway allows the construction of seven (7) units by-right, or twenty-four (24) potential buildable units based off an increased base density per CPIO in a TOC project. Alternatively, there is also potential to build multiple ADU units in the back of the property. Situated in a solid South Los Angeles location, this offering presents an excellent opportunity for any investor or developer to capitalize on adding value in a rapidly changing market of Los Angeles.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i70954870
Property Type:
Single-Family Houses
Posted:
April 21 on RealtyWW
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More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a Four Bedroom 4.5 Bath Single-Family Homes for Sale at 7804 7808 S Western Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 7804 7808 S Western Ave by searching Oodle Classifieds for Four Bedroom 4.5 Bath Single-Family Homes for Sale in Los Angeles CA.
Home For Sale In Los Angeles, California is a Four Bedroom 4.5 Bath Single-Family Homes for Sale at 7804 7808 S Western Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 7804 7808 S Western Ave by searching Oodle Classifieds for Four Bedroom 4.5 Bath Single-Family Homes for Sale in Los Angeles CA.