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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$899,999

Est. payment - /mo

6 Beds

2 Baths

4,308 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,308 sqft

Price per Sqft $208

MLS Listing ID 26654085

Bedrooms 6

HOA Y/N No

Year Built 1911

Lot Size 6,503 Sqft

Property Description

MAJOR PRICE IMPROVEMENT STRATEGIC VALUE-ADD OPPORTUNITY: Unlock substantial equity with this high-upside 1911 Craftsman triplex, spanning approximately 4,308 sq ft of living area on a prime 6,502 sq ft LAR4-zoned lot. This transparent, no-frills probate sale is priced to move, specifically accounting for the cosmetic updates needed to capture a healthy spread between acquisition and market value. Offering the rare advantage of flexible occupancy, it can be delivered vacant, investors can bypass tenant buyouts and move straight to a total rental reset or renovation at 2026 market rates. With its classic architectural "bones," multiple structures, and high-density development potential per the LAR4 zoning (Buyer to verify), this property is a cornerstone asset positioned near major transit and employment corridors. Sold strictly as-is and subject to court confirmation, this is a clear-cut opportunity for a professional investor to reposition a large-scale multi-unit asset in a supply-constrained neighborhood; the estate is motivated and ready to review serious offers.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR4

Interior

Fireplace No

Exterior

Parking Features None

Garage Spaces 2.0

Garage Description 2.0

Total Parking Spaces 2

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5015013018

Special Listing Condition Probate Listing

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Listed by Bill Gross eXp Realty of California Inc #01022275

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4811 S Gramercy PL Los Angeles, CA 90062