Located in the vibrant Vermont Knolls community of Los Angeles, 633 & 635 W 75th Street offers a rare development opportunity with RTI (Ready-To-Issue) permits in place. The existing gated property features a charming two-story building consisting of two updated units, (1) 2 bedroom and (1) 3 bedroom, 1 bathroom… Read More units. This gated complex sits on a tree lined street and has a welcoming front lawn, ample driveway parking and lot backs into an alleyway. The approved plans allow for the construction of a 2 story brand-new development. The new project will feature (4) 1 bdr, 1 bath units and (2) 2 bdr, 2 bath ADUs, each thoughtfully designed to meet the needs of modern urban living. The building will encompass approximately 3,700 square feet on a 7006 SF square foot lot. The two front units will generate income while you build out the new units. This property is situated just minutes from USC, LATCC, University of West LA and CAL State LA. Not to mention it is minutes from LA Memorial Coliseum, BMO Stadium , SoFi Stadium, Kia Forum, Intuit Dome, Crypto.com Arena, Dodger Stadium, and more! The property location benefits from a strong demand for rental housing offering significant long-term growth potential. This is a great opportunity for anyone looking to invest in income property in Los Angeles! Read Less
Courtesy of Call It Closed International,Inc 760-672-0881
Listing Snapshot
Days Online
23
Last Updated
Property Type
Other
Beds
5
Square Ft.
1,800
Lot Size
0.16 Acres
Year Built
1989
MLS Number
26832661
30 Days Snapshot Of 90044
$530k
0%
(avg) sold price
0
-100%
homes sold
78
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"None"
Building
1,800 sq ft, Built in 1989, Levels: "Two Level", "Traditional"
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