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$1,299,900

FOR SALE
Active

2338 sheridan Street

Los Angeles, CA

MLS# V1-37991

94 days on marketNalren refreshed

Listing Agent

Luis Perales

Listing Agent

Century 21 Masters

DRE #: 01720854

(805) 650-0555

Brokerage: Century 21 Masters

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1959

Year Built

7,752 sqft

Lot Size

N/A

Price/Sq Ft

2

Garage Spaces

N/A

HOA

N/A

Property Type

Description

Welcome to a rare opportunity to own a duplex in the heart of vibrant Boyle Heights. Situated on an expansive approximately 7,700-square-foot lot, this income-producing property offers nearly 2,000 square feet of living space with a combined total of 5 bedrooms and 2 bathrooms, making it ideal for investors, developers, owner-occupants, or multi-generational living.One of the property's most exciting features is its exceptional redevelopment potential. According to preliminary development information, the site may offer the opportunity to build 18 or more residential units (buyer to independently verify with the City of Los Angeles, zoning regulations, and all applicable development incentives). Whether you're looking to capitalize on existing rental income while planning a future project or move forward with redevelopment, this property presents a compelling opportunity in a high-demand location.Conveniently located just minutes from Downtown Los Angeles, USC Medical Center, major freeways, Metro stations, schools, parks, shopping, and popular local dining, this property combines prime accessibility with significant upside potential.Whether you're an investor seeking cash flow, a developer looking for your next project, or a buyer searching for a property with long-term appreciation potential, this property delivers a unique combination of location, income, and development possibilities. Opportunities like this are increasingly rare--don't miss your chance to unlock the full potential of this exceptional property.

Facts & Features

Interior

Fireplace
No

Exterior

Private Pool
No
Fencing
Wrought Iron
Lot Features
Sprinklers None

Building

Year Built
1959
Building Area Total
1,992

Utilities

Heating
Wall Furnace
Cooling
None

Parking

Garage Spaces
2
Parking Features
Converted Garage
Parking Total
2

Community / HOA

Association Fee
$0

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