Multi-family building 4 beds 2 baths, 802 sf, 7,501 sf lot
Unit #1: 2 beds, 1 bath, $1250/mo
Unit #2: 2 beds, 1 bath, $1250/mo
This is a rare residential/commercial development opportunity in an up-and-coming location. Zoned LARD1.5. Located in the heart of Highland Park, an up-and-coming neighborhood just North of Downtown Los Angeles. With a strong rental market of over 52.7% and a low 5.3% vacancy rate, this location offers promising potential for investors and developers. Unit 1 is owner-occupied and has a 2 bed/1 bath plus optional 3rd bed/office and exterior bathroom setup. Unit 2 is a tenant-occupied spacious 2 bed/1 bath home (Garage is adjacent to Unit 2). Both units can be delivered VACANT within 30 day notice. Buyer shall be responsible for verifying building restrictions/permits, codes, and zoning regulations. Property to be sold in as-is condition. Seller motivated!
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