Property
Listing Agent: Cesar Marquez (DRE #00992163) · Listing Office: Coldwell Banker Residential Brokerage · Contact: 424-280-7400 · Bought with: Cesar Marquez · Coldwell Banker Residential Brokerage · MLS #23281387 · Source: CRMLS
We are proud to present this incredible value-add opportunity just steps away from USC, the home of the Trojans! With almost 4000 square feet of living space, this turn-of-the-century 3+2 Dutch Colonial Revival Single Family Home + attached 1989-built 3-unit compound sits on a massive 6840 sqft lot in the highly coveted DPS Patrol Zone and North University Park Historic Preservation Zone within the Historic West Adams District. In total, there are 10 Bedrooms, 6 Baths. 4 car on-site parking with potentially 8 in tandem. While the property requires substantial renovations, there is excellent potential to add significant value by restoring it to its former glory. Additionally, with the upcoming 2028 Los Angeles Olympic Games, the property is situated in an amazing location that is sure to be the envy of all visitors. Walking distance to campus and University Village - providing easy access to all of USC's landmarks, academic buildings, and also near the Lucas Museum & LA Memorial Coliseum. Only a short distance to Crypto.com Arena, the Natural History Museum, and the ever exciting and massive L.A. Live entertainment complex! Only 13.5 miles to famous Santa Monica Pier. Conveniently located near both I-10 & 110 freeways. This property is ideal for experienced owner-users, rental operators, vacation rental operators, and savvy investors/developers looking to capitalize on the perennial appeal of the USC community, central location and all the wonderful surrounding features and amenities. Front house is listed as a "potential contributor" on the Historic Resources Inventory database, possibly qualifying for the Mills Act property tax reduction. Property is fully occupied. Sold As-Is.
Listing description from the July 2023 sale, as reported to CRMLS.