Duplex
Listing Agent: Matthew Sillaman (DRE #01925847) · Listing Office: LB Property Management Inc · Contact: 818-981-1802 · Bought with: Matthew Sillaman · LB Property Management Inc · MLS #SR23104152 · Source: CRMLS
This amazing property is located in the highly sought-after South Bay area on E Harrison St., just east of Alameda St. in Carson, CA. Situated in a garden street neighborhood, the property offers easy access to Long Beach, Downtown Los Angeles, LAX, and SoFi Stadium. The property consists of two detached cottages, each approximately 480 SF in size. Each unit features one bedroom, one bathroom, and a convenient washer/dryer setup. Currently, both units are occupied by Section-8 tenants, ensuring a reliable and steady income stream. The lot spans approximately 6,041 SF and occupies a corner location with alleyway access. A preliminary zoning analysis suggests: that the current zoning and lot size allows for a new triplex development. With a floor area ratio (FAR) of 0.55, each unit could be significantly expanded to approximately 1,100 SF. This presents an incredible opportunity to cash-flow the property while you conduct research and obtain the necessary permits. To ensure accuracy and compliance, it is advised that the buyer conducts their own investigation. The property is being sold in “As-Is” condition. Don’t miss out on this chance to invest in a potential triplex development in a great location. Act fast before it’s too late!
Listing description from the July 2023 sale, as reported to CRMLS.