Description
Now is your opportunity to own a quaint historic cottage in a quickly gentrifying neighborhood. The home is a true fixer and is being offered on the market for the first time in over 50 years. The property is a 2 bedroom and 1-bathroom 1184 sq. ft. home, on a 4800 sq. ft. lot that is waiting for the right owner to unleash its true potential. The house is currently tenant occupied with a month-to-month tenant. The property is zoned RD2-1 and is in the City of Los Angles TOC district. The zoning allows for 3 units by right, and 4 units utilizing the TOC density bonus. Additional units, ADUs, or potential lot splits may be available with the new SB9 state law and new city ADU ordinances. This is an exceptional opportunity in a very up and coming area.
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