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.
Property Type(s):
Single Family
Last Updated
|
4/1/2024
|
Year Built
|
1903
|
Community
|
Koreatown
|
County
|
Los Angeles
|
SCHOOLS
School District |
Los Angeles Unified |
Additional Details
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 |
Location
Listed with Socal City Properties
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