Description
Offers must be non-contingent preferably all cash offers. Tenants open to Vacating but property is being sold with tenants. Introducing a developer's dream opportunity nestled in the coveted Beverlywood area! This captivating duplex presents a myriad of possibilities for savvy investors. Whether you're looking to live in one unit and rent out the other, expand the existing structure, or embark on a full-scale redevelopment project, this property offers boundless potential.Situated in the sought-after Faircrest Heights neighborhood of Los Angeles, this property boasts RD1.5 zoning, making it ideal for a variety of development ventures. With the added convenience of a side alley, accessing the premises for construction or renovation is a breeze, facilitating your vision for a stunning 4-plex.Beyond its development prospects, this locale provides easy access to an array of amenities including shopping centers, cultural attractions, employment opportunities, and spiritual centers. Centrally located, it offers unparalleled convenience in one of LA's most desirable areas.Please note that the seller will not deliver the property vacant, but tenants may be open to cooperation through cash for keys arrangements. Buyers are encouraged to conduct their own investigations to assess the full potential of this remarkable property. Interior inspections are available only with an accepted offer.Don't miss out on this extraordinary chance to turn your real estate aspirations into reality. Seize the opportunity to shape the future of this exceptional property and unlock its full value.
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4BEDS
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0.14ACRES
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2BATHS
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01/2 BATHS
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2,800SQFT
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$491$/SQFT
School Ratings & Info
Description
Offers must be non-contingent preferably all cash offers. Tenants open to Vacating but property is being sold with tenants. Introducing a developer's dream opportunity nestled in the coveted Beverlywood area! This captivating duplex presents a myriad of possibilities for savvy investors. Whether you're looking to live in one unit and rent out the other, expand the existing structure, or embark on a full-scale redevelopment project, this property offers boundless potential.Situated in the sought-after Faircrest Heights neighborhood of Los Angeles, this property boasts RD1.5 zoning, making it ideal for a variety of development ventures. With the added convenience of a side alley, accessing the premises for construction or renovation is a breeze, facilitating your vision for a stunning 4-plex.Beyond its development prospects, this locale provides easy access to an array of amenities including shopping centers, cultural attractions, employment opportunities, and spiritual centers. Centrally located, it offers unparalleled convenience in one of LA's most desirable areas.Please note that the seller will not deliver the property vacant, but tenants may be open to cooperation through cash for keys arrangements. Buyers are encouraged to conduct their own investigations to assess the full potential of this remarkable property. Interior inspections are available only with an accepted offer.Don't miss out on this extraordinary chance to turn your real estate aspirations into reality. Seize the opportunity to shape the future of this exceptional property and unlock its full value.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-20T00:32:14.807. 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 First Team Real Estate. Licensed in the State of California, USA.