Property · 2 recorded sales since 2018
Listing Agent: Grant Linscott (DRE #01715002) · Listing Office: Keller Williams Realty Los Fel · Contact: 323-300-1000 · Bought with: Sandra Hernandez · Keller Williams Realty-Studio · MLS #17282552 · Source: CRMLS
Opportunity knocks for investors or developers - 3 detached 1 BD, 1 BA Bungalows delivered VACANT on large LAC2 zoned lot where Silver Lake and Echo Park merge. With incredible development potential for adding units or a large condo/apartment building, the existing 3 bungalow fixer homes allow for additional income (projected at $6,300 per month) until permits are ready. Each home needs TLC and includes space for private yards and patio space along with gated parking. Alley access behind property provides further development benefits. The rapidly building area is experiencing high rents and a shortage of housing minutes to downtown. Sold "As-is" with no credits for repairs. Rare opportunity.
Listing description from the January 2018 sale, as reported to CRMLS.