6-Bedroom ResidentialIncome — 12036 Sylvester Street, Los Angeles, CA
$1,520,000
12036 Sylvester Street, Los Angeles, CA
About this property
Prime real estate opportunity on this over 9000 sq ft lot. Multiple paths for redevelopment and potential upside on this Cul-de-sac triplex located in Mar Vista/Culver City Location: 1. Add 1 or 2 ADU'S; 2. Tear down existing 3 units and build 8 or 9 units. There is potential for affordable housing, ED1, but Buyer to verify with city; 3. Live in the to-be vacant unit and receive rents from the other 2 units. The owners unit is complimented by a private, spacious backyard, with a detached wellness room, which has a sauna and jacuzzi. There are 2 storage areas and an enclosed, covered patio room with a fountain and koi pond. The owner's rent is projected. The property includes separate private 1 car garages and additional parking in front of each garage. The neighbors on the north side converted their 3 garages to an attractive ADU. Buyer to do their due diligence and independently verify square footage of lots and building and what can be added on or built on the land.
Property details
Location
12036 Sylvester Street • Los Angeles, CA 90066
Listed by
Steve Cressman · Cavanaugh Realtors