Don't miss out on this incredible investment opportunity in Los Angeles! This property features three existing units plus an unpermitted bonus unit already equipped with water, electricity, and a gas meter. The lot is zoned R-3, offering powerful redevelopment potential in a rapidly growing neighborhood. Don't let the current low rents fool you-this is a value-add dream! You can build an ADU for additional passive income, or take full advantage of the R-3 zoning and rebuild the entire lot into a multi-family complex up to 45 feet tall. That means the potential for multiple new units and significantly higher income. The white multifamily building on E 95th Street and Compton Ave is a perfect example of what's possible here. This rare opportunity will not last. Savvy investors-don't sleep on this deal! Drive by only, do not disturb tenants or enter the easement driveway. Sold As-is- Buyer to conduct all due diligence. Buyer are strongly encourage to independently verify zoning, development prospect, and required remediation with Los Angeles County.
Details
MLS #
DW25267533
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1923
Days On Site
352
Listing Provided By
Big Block Powerhouse Realty | Christian Garcia
Features
SQ Feet
2,551
Car Port
Yes
Story(s)
1
Units
4
Building(s)
1
Acreage
0.16
Property View
Yes
Interior
Cooling
See Remarks
Heating
See Remarks
Heating Yes / No
Yes
Cooling Yes / No
Yes
Window Features
Insulated Windows
Appliances
Gas Range, Microwave, Refrigerator, Water Heater
Fireplace Yes / No
No
Exterior
Roof
Shingle
Construction Materials
Drywall
Lot Features
Zero To One Unit Acre, Paved, Street Level
Fencing
Good Condition, See Remarks, Wrought Iron
Parking
Parking Features
Concrete, Carport, Detached Carport, Private
Garage Yes / No
No
Utilities
Utilities
Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Electric
Standard
Sewer
Public Sewer
Location
Community Features
Street Lights, Sidewalks
Area Information
State
CA
County
Los Angeles
City
Los Angeles
Zip Code
90002
Area
C23 Metropolitan
Sourced by Back At You
MLS#: DW25267533 Listed By: Christian Garcia - Big Block Powerhouse Realty - 3235627777- chico@century21powerhouse.com
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MLS#: DW25267533 Listed By: Christian Garcia - Big Block Powerhouse Realty - 3235627777- chico@century21powerhouse.com
