Description

!!!!!!!!!!!!!!Great opportunity to own a rare flat level lot zoned C3 for commercial or residential use. Although sold for land value only, there is an existing vacant home on the property, but needs a lot of work. Seller has tentative verbal approval for 6 units development allowed by right along with a 24-hour post office box business with a great income potential with very limited competition. Repurpose the property as desired or use it as-is. With new codes, it should allow for both residential and commercial development with a potential for residential low-income bonus development and ADU's. Property has both street access and convenient alley access for more development choices and opportunities. Property is located in County of Los Angeles. Property SOLD in its present condition and "AS IS", with no warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. INVESTORS DELIGHT INCREDIBLE DEAL. MAKE IT PART OF YOUR PORTFOLIO!!!!!!!!!!!!!!!!

Property details

Bedrooms

2

Bathrooms

1

Square feet

896

Year built

1924

Property type

Residential

Lot size

4,755 sqft

Location

9811 S Vermont • Los Angeles, CA 90044

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Listed by

Beatriz Serna · Elite Homes Realty

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Closed sales reported in 90044, nearest first, last 12 months. All recent sales in Los Angeles →

2-Bedroom Residential - 9811 S Vermont, Los Angeles, CA