$1,145,000
Prime investment opportunity for builders, contractors, and developers! This property is being offered as a tear-down opportunity with excellent potential to build a new income-producing complex. Zoned RD3-1, the property offers strong development possibilities in a great location. Plans are already in place for a new duplex with recreation rooms and two ADUs, creating an exciting opportunity for future rental income or resale value. The project is expected to have RTI soon, giving buyers a valuable head start in the development process. This is a cash-only sale and is ideal for experienced investors, builders, or contractors looking for their next project in a desirable area. A rare opportunity with plans, potential, and location all working together.
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Listed by Oren Osovski with Equity Union (818) 989-2000
Property Type
Single Family Residence
Status
Active
MLS Number
SR26114726
Year Built
1942
Lot Size
7,854 sq ft