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$1,556,000
Est. payment /mo
11 Beds
6 Baths
3,999 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,999 sqft
Price per Sqft $389
MLS Listing ID 25558191
Bedrooms 11
HOA Y/N No
Year Built 1964
Lot Size 5,889 Sqft
Property Description
Attention Investors & Developers! We present two adjacent income properties totaling 11 units on a combined 11,787 SF R4-zoned lot near Olympic Blvd and Vermont Ave, just minutes from Downtown Los Angeles. This is a rare opportunity to acquire a high-density development site with solid in-place income and excellent future potential. 964 features one spacious 3bd+2ba unit and four 2bd+1ba units and 6 covered side-by-side parking spaces in the rear. 968 offers five 2bd+1ba units, and one 1bd+1ba unit, and 6 covered side-by-side parking spaces in the rear and 3 tandem parking spaces in the driveway. With strong rental demand in the area and favorable zoning for redevelopment, this is an ideal opportunity for investors or developers seeking long-term value in one of LA's most dynamic neighborhoods. Both properties have to be sold concurrently.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR4
Interior
Cooling None
Fireplace No
Exterior
Parking Features Assigned, Covered
Total Parking Spaces 6
Building
Entry Level Two
Architectural Style See Remarks
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5078009017
Special Listing Condition Standard
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Listed by Johnny Cho Keller Williams Realty Los Feliz
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