$850,000
$849,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
6,259 Sqft Lot
SOLD DATE : 03/07/2022
Key Details
Sold Price $850,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22118951
Sold Date 03/07/22
Construction Status Fixer
HOA Y/N No
Year Built 1907
Lot Size 6,259 Sqft
Property Description
Watching plumes of smoke rise from the orange flames ripping through the insides of a structure you call home is a harrowing experience. But as the remains of the dwelling are seen in the light, the bright side of the experience starts to emerge; no one was hurt, the original redwood framing is possibly the reason why the home didn't collapse to the ground, and the possibilities of restoring this once grand Dutch-style Victorian (one of three residences on the property) or exploring the new legislation, SB 9, to build additional units on the property are solid strategies to expand your real estate portfolio. At the same time, the tenant-occupied duplex generates consistent income for the savvy investor. This triplex is located on a corner lot in the Adams-Normandie pocket of West Adams. Approved plans and permit to rebuild available.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Uncovered
Total Parking Spaces 2
Building
Story 2
Architectural Style Victorian
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 5058029012
Special Listing Condition Standard
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Bought with Kyu Hyung Lee Won Suk Kim Real Estates, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "