Property · 2 recorded sales since 2022
Listing Agent: Courtney Pickard (DRE #01948903) · Listing Office: Compass · Contact: 323-593-6999 · Bought with: Dario Svidler · Keller Williams Beverly Hills · MLS #22199883 · Source: CRMLS
A vacant, classic 1911 California Craftsman on a large, fully gated lot, moments from Paramount Studios and the best of Koreatown, Hancock Park, and Hollywood. The R-3, 6,623 sf flat lot offers a myriad of possibilities for the next owner, including the potential addition of up to 2 ADUs. Longer term multi-unit development play is possible, with comparably sized lots trading in the $1.3M range. Inquire with listing agent for full development analysis completed by a planning consultant for the lot. For those in search of a turnkey 1031 exchange, this home was a longtime rental property, recently grossing approx. $48,000 per year. Buyer to do their own due diligence on any and all aspects of the property. Sold in as-is conditions, no repairs or credits .
Listing description from the December 2022 sale, as reported to CRMLS.