1725 S Highland Avenue,Los Angeles, CA 90019
Los Angeles, CA 90019
Description
ATTENTION INVESTORS, BUILDERS AND DEVELOPERS! Probate investment opportunity with tremendous value-add and redevelopment potential in the heart of Los Angeles. The property features a 3-bedroom, 2-bath residence with approximately 1,254 square feet of living space on an approximately 5,001-square-foot lot.An additional permitted bonus room, created through a garage conversion, offers flexible space for a workshop, creative studio, home office or other permitted use. The bonus room may also present an opportunity for conversion or expansion into an ADU, subject to plans, permits and City approval. Investors may renovate and resell the existing improvements or explore the property's broader development potential. The lot is reportedly zoned LARD1.5, which may allow multiple residential units and could potentially accommodate a duplex, triplex or other small multifamily development. Buyers must independently verify the existing permits, bonus-room status, zoning, allowable density, ADU eligibility and all redevelopment possibilities with the City of Los Angeles. The property has substantial deferred maintenance and is ready for an experienced investor with vision. Probate sale with FULL AUTHORITY court confirmation is NOT required. Sold strictly AS IS in its present condition, with no seller repairs or credits. Due to its current condition, the property will not qualify for conventional financing. ALL-CASH OFFERS ONLY. Seller is seeking a strong, non-contingent offer and a quick, reliable closing. Renovate, repurpose or redevelop this property offers numerous possibilities.
Details
| MLS # | 26873797 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1938 |
| Days On Site | 27 |
| Listing Provided By | Jacob, Christopher & Lee Rlty | Ricardo Curtis |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,254 |
| Story(s) | 1 |
| Zoning | LARD1.5 |
| Acreage | 0.11 |
| Property View | Yes |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Furnished | Unfurnished |
| Fireplace Yes / No | Yes |
Parking
| Parking Features | Driveway |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90019) | |
Price: $825,000 low | high Med: $1,050,000 sqft: 1,254 low | high Med: 2,984 $ / sqft: $658 low | high Med: $361 On site: 27 low | high Med: 288.5 | |
Market Activity 90019
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90019) | |
Price: $825,000 low | high Med: $1,050,000 sqft: 1,254 low | high Med: 2,984 $ / sqft: $658 low | high Med: $361 On site: 27 low | high Med: 288.5 | |
