515 N Avenue 50, Los Angeles, CA 90042

About this property

Tremendous development opportunity in the heart of Highland Park! Located in Northeast LA just minutes away from the shops & eateries on York and Figueroa. The property features a VACANT 2BR-1BA unit and detached garage as well as a spacious studio unit that is tenant occupied with month-to-month occupancy. With LARD1.5 zoning, there is opportunity that permits more rental units to be added or a small lot subdivision. An amazing development opportunity or passive income for a savvy buyer. Property will be sold as-is, in it's present condition.

Listing description from the November 2021 sale, as reported to CRMLS.

Sale history

$900,000

Sold November 2021 · listed $699,000, on market September 2021 · MLS #21776798 · Source: CRMLS

Listing Agent: Lauren Reichenberg · Listing Office: Compass · Contact: 323-593-6999 · Bought with: Michael Wu · COMPASS

$445,000

Sold July 2015 · listed $449,000, on market June 2015 · MLS #P0-315005454 · Source: CRMLS

Listing Agent: Daniel Portillo · Listing Office: Portillo & Associates Real Estate · Contact: (800) 615-1120 · Bought with: Daniel Portillo · Portillo & Associates Real Estate

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