Description
INCREDIBLE INVESTMENT OPPORTUNITY IN EAST LOS ANGELES! ZONED R3 WITH ADDITIONAL UNIT POTENTIAL! Welcome to this 2-bedroom, 1-bathroom home built in 1923, ideally situated on a corner lot in the heart of East Los Angeles. The property boasts a generously-sized lot with multiple entrances and a detached garage at the back. Investors, take note of the fantastic R3 zoning, offering the possibility to add more units to the property. Verify the potential use and zoning with the city/county to unlock its full potential. Though the property requires some tender loving care (TLC), its abundant potential makes it a true diamond in the rough. The location is highly desirable, providing easy access to major freeways, proximity to Downtown Los Angeles, the convenience of being near East L.A. College, shopping centers, parks, restaurants, and public transportation options. Additionally, the nearby Metro Train Station makes it easy to explore the city. Take advantage of the potential this property holds and turn it into a lucrative investment in one of Los Angeles's most promising communities. Act quickly as opportunities like this are rare!
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2BEDS
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0.13ACRES
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1BATHS
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01/2 BATHS
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884SQFT
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$769$/SQFT
Description
INCREDIBLE INVESTMENT OPPORTUNITY IN EAST LOS ANGELES! ZONED R3 WITH ADDITIONAL UNIT POTENTIAL! Welcome to this 2-bedroom, 1-bathroom home built in 1923, ideally situated on a corner lot in the heart of East Los Angeles. The property boasts a generously-sized lot with multiple entrances and a detached garage at the back. Investors, take note of the fantastic R3 zoning, offering the possibility to add more units to the property. Verify the potential use and zoning with the city/county to unlock its full potential. Though the property requires some tender loving care (TLC), its abundant potential makes it a true diamond in the rough. The location is highly desirable, providing easy access to major freeways, proximity to Downtown Los Angeles, the convenience of being near East L.A. College, shopping centers, parks, restaurants, and public transportation options. Additionally, the nearby Metro Train Station makes it easy to explore the city. Take advantage of the potential this property holds and turn it into a lucrative investment in one of Los Angeles's most promising communities. Act quickly as opportunities like this are rare!
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-02T12:28:18.96. 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 Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.