An exceptional opportunity for investors, developers, or owner-users in the USC/Exposition Park area. This approximately 7,000-square-foot lot currently features two separate residential units, offering immediate flexibility with significant potential for future development. The front residence is an approximately 1,400 sqftt 3-bed, 2-bath home, complemented by a detached rear unit of… Read More approximately 600 sqft with 2 bedrooms and 1 bath. The detached configuration provides excellent separation between the two residences and creates a compelling setup for an owner-user, multigenerational household, or investor. Adding to the property's upside is an existing garage with potential for ADU conversion. The property is zoned LARD1.5 (Restricted Density Multiple Dwelling). The potential for up to four additional units creates an attractive development scenario for buyers looking to maximize the site's residential potential. Situated approximately one mile from USC, the property offers convenient access to the University of Southern California, Exposition Park, Downtown Los Angeles, and surrounding transit and amenities. Whether you're seeking an income-producing property, a property with room to expand, or a development opportunity in a high-demand Los Angeles location, the property presents a rare combination of existing housing and future upside. Read Less
Courtesy of Coldwell Banker Realty 310-820-6651
Listing Snapshot
Days Online
54
Last Updated
Property Type
Other
Beds
5
Square Ft.
2,053
Lot Size
0.16 Acres
Year Built
1904
MLS Number
26873017
Additional Details
Appliances & Equipment
None
Building
2,053 sq ft, Built in 1904, Levels: One Level, Detached/No Common Walls
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