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$1,050,000
Est. payment /mo
8 Beds
7 Baths
3,723 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,723 sqft
Price per Sqft $282
MLS Listing ID 25539611
Bedrooms 8
HOA Y/N No
Year Built 1953
Lot Size 9,478 Sqft
Property Description
7-Unit Apartment Located in the Hyde Park Neighborhood of Los Angeles | Large 9,477-SF Lot | Rare LAR3 TOC Tier 3 Zoning - Build Up to 21 Units* | TOC Tier 3 High Density Bonus Allowance with No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit | Tremendous Value-Add Opportunity - Approximately 90% in Rental Upside | 10.21% Pro-Forma Cap Rate & 6.78 Pro-Forma GRM | Unit Mix of (One) 2-Bedroom/1-Bathroom House & (Six) 1-Bedroom/1-Bathroom Units | Located Just a Few Blocks from Hyde Park Station for the Crenshaw/LAX Metro Transit Line (K Line) | Offered at $150,000 Per Unit & $282 Per SF | Located 2 Miles from Baldwin Hills Crenshaw Plaza, SoFi Stadium & The Forum and Approximately 2.5 Mile from Intuit Dome (NBA Clippers Arena)
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR3
Interior
Fireplace No
Exterior
Parking Features Assigned, Uncovered
Total Parking Spaces 7
Building
Story 2
Entry Level One,Two
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 4006005019
Special Listing Condition Standard
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Listed by Jonathan Nikfarjam Shield CRE, Inc.
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Ivan Perez
Broker Associate | License ID: 01952891
Broker Associate License ID: 01952891