131 E 88TH Street

    Los Angeles (City), CA 90003
    • $899,000
    • STATUS: Active
    • ON SITE: 108 days
    • ID#: 19450268
    UPDATED: 59 min ago
    $899,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Great Opportunity for Investors and Developers - TWO LAR3 contiguous lots over 10,000 sq ft -DEVELOPERS SPECIAL -- ZONED LAR3 build 12 units or 21 units TOC ( Buyer to verify ) - BOTH properties to be sold TOGETHER Price listed is for purchase of the two MLS # AND two APNs # 6041-003-034 AND APN # 6041-003-035 simultaneously - The two Properties together currently produce an income of approximately $3000 per month - while buyer gets permits and entitlement -Property being sold as land value - - Title shows property as a SFR. Property is being used as a duplex with 2 separate tenants in place. Buyer to conduct their own due diligence. Under City of L.A. rent control ordinance. Sold "As Is" and " Where Is", with current tenants in place-- development opportunity : Great Opportunity for Investors and Developers Close to University of Southern California USC Great Visibility and close proximity to shopping centers, schools, places of work, Freeway access to I-110

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-07-19T14:41:53.693. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.millmanteam.com/homes/93263791

    131 E 88TH Street Los Angeles (City), CA 90003

    • Price: $899,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: 19450268
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    Neighborhood:
    C37 - Metropolitan South
    County:
    Los Angeles
    Area:
    C37 - Metropolitan South
    Property Description
    Great Opportunity for Investors and Developers - TWO LAR3 contiguous lots over 10,000 sq ft -DEVELOPERS SPECIAL -- ZONED LAR3 build 12 units or 21 units TOC ( Buyer to verify ) - BOTH properties to be sold TOGETHER Price listed is for purchase of the two MLS # AND two APNs # 6041-003-034 AND APN # 6041-003-035 simultaneously - The two Properties together currently produce an income of approximately $3000 per month - while buyer gets permits and entitlement -Property being sold as land value - - Title shows property as a SFR. Property is being used as a duplex with 2 separate tenants in place. Buyer to conduct their own due diligence. Under City of L.A. rent control ordinance. Sold "As Is" and " Where Is", with current tenants in place-- development opportunity : Great Opportunity for Investors and Developers Close to University of Southern California USC Great Visibility and close proximity to shopping centers, schools, places of work, Freeway access to I-110
    Exterior Features

    Lot Size Units Square Feet View None View YN No

    Property Features

    Association Fee 0.00 Special Listing Conditions Standard Zoning Lar3

    Listing provided courtesy of Nadia Fahimian of Zara Equity Corp.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-07-19T14:41:53.693. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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