Attention investors and developers! Don't miss this exceptional value-add opportunity in Los Angeles. Whether you're looking for your next fix-and-flip, a long-term rental, or a project with redevelopment potential, this property offers multiple exit strategies in a market with strong housing demand. The existing home provides a solid foundation for renovation while the lot offers potential for expansion, an ADU, or additional improvements, subject to buyer verification with the City of Los Angeles. Investors will appreciate the opportunity to add value through cosmetic updates, a full remodel, or repositioning the property to maximize resale or rental income. Current tenants are paying over market rents section 8 approved. Conveniently located near major freeways, public transportation, schools, shopping, and more this property is well positioned for both development and tenant demand. The surrounding area continues to experience ongoing investment and redevelopment, making this an attractive addition to any investment portfolio. Sold as-is development potential. Dont miss out on this opportunity.
Listing courtesy of Listing Agent: Diego Clavel (clavel1920@gmail.com) from Listing Office: Real Broker.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.