Description
Calling all homebuyers and visionaries! Nestled on the borders of the thriving neighborhoods of City Terrace and Boyle Heights, this fixer-upper is brimming with potential for those looking to create their dream home or make a smart investment.Key Features: R-2 Zoning: Offering flexibility and multiple possibilities for use, whether you're dreaming of a spacious single-family home or considering a multi-unit investment. Development Plans ready for 3 units. Ready to build. Deep, Flat Lot: Enjoy the expansive space provided by the deep, flat lot, complete with a lengthy driveway offering ample parking. Modern Electrical System: Equipped with a 200 Amp panel and Romex wiring, ensuring your electrical needs are met with reliability and safety. Tall Attic: Explore the hidden potential of the tall attic space, perfect for conversion into vaulted ceilings or additional living quarters. Strategic Location: Situated in a rapidly appreciating area, just moments away from the vibrant energy of Downtown Los Angeles. Profit and Lifestyle Opportunities: Renovate the existing Craftsman for a charming personal residence, or add a Second Unit and/or ADU for additional living space or rental income. Panoramic Views: Consider the development of a two-story building to capitalize on stunning panoramic views of the Downtown skyline.Unlimited Creative Potential:Unleash your imagination as you remodel this property to fit your vision. With its flexible layout and ample space, the possibilities are endless"whether you envision a modern multi-unit complex or a cozy family home, this property can be transformed to match your unique aspirations.Ideal for All Buyers:Whether you're an individual looking to create your perfect home or an investor seeking a profitable venture, this property offers something for everyone. The neighborhood's surge in appreciation and development further enhances its appeal.
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3BEDS
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0.15ACRES
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1BATHS
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01/2 BATHS
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1,232SQFT
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$597$/SQFT
Description
Calling all homebuyers and visionaries! Nestled on the borders of the thriving neighborhoods of City Terrace and Boyle Heights, this fixer-upper is brimming with potential for those looking to create their dream home or make a smart investment.Key Features: R-2 Zoning: Offering flexibility and multiple possibilities for use, whether you're dreaming of a spacious single-family home or considering a multi-unit investment. Development Plans ready for 3 units. Ready to build. Deep, Flat Lot: Enjoy the expansive space provided by the deep, flat lot, complete with a lengthy driveway offering ample parking. Modern Electrical System: Equipped with a 200 Amp panel and Romex wiring, ensuring your electrical needs are met with reliability and safety. Tall Attic: Explore the hidden potential of the tall attic space, perfect for conversion into vaulted ceilings or additional living quarters. Strategic Location: Situated in a rapidly appreciating area, just moments away from the vibrant energy of Downtown Los Angeles. Profit and Lifestyle Opportunities: Renovate the existing Craftsman for a charming personal residence, or add a Second Unit and/or ADU for additional living space or rental income. Panoramic Views: Consider the development of a two-story building to capitalize on stunning panoramic views of the Downtown skyline.Unlimited Creative Potential:Unleash your imagination as you remodel this property to fit your vision. With its flexible layout and ample space, the possibilities are endless"whether you envision a modern multi-unit complex or a cozy family home, this property can be transformed to match your unique aspirations.Ideal for All Buyers:Whether you're an individual looking to create your perfect home or an investor seeking a profitable venture, this property offers something for everyone. The neighborhood's surge in appreciation and development further enhances its appeal.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-13T00:28:42.977. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.