Amazing investment opportunity to own a rental income producing property in the heart of Los Angeles Pico-union area close to USC, Koreatown, & downtown La Crypto arena. Beautiful historical craftsman residence currently being operated as a rooming house. Current allowable uses per city & zoning lard1.5 ordinances are Boarding House, Rooming House, Apt Hotel, Transient Lodgings, Hostel. There are also many conversion possibilities to multi-family and or adding additional Adu units. Perfect for student housing! Property is securely gated and has plenty of parking in the rear through alley entrance approximately 8-10 cars! Current approved use as per certificate of occupancy is 1-family dwelling & 5 rooms. Buyers to verify with department of building & safety.
DAYS ON MARKET
|
31
|
LAST UPDATED
|
4/1/2024
|
YEAR BUILT
|
1903
|
COMMUNITY
|
Koreatown
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
School District |
Los Angeles Unified |
AIR |
None |
AREA |
Koreatown |
BUYER'S BROKERAGE COMPENSATION |
3.000 % |
GARAGE |
On Site, Paved |
HOA DUES |
0 |
INTERIOR |
High Ceilings |
LOT |
8669 sq ft |
LOT DESCRIPTION |
Back Yard, Front Yard |
PARKING |
On Site,Paved |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
2 |
STYLE |
Craftsman |
VIEW DESCRIPTION |
None |
WATER |
Public |
ZONING |
LARD1.5 |
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Listed with Socal City Properties
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/24 2:23 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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