See all 8 photos
8 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,875,000
Est. payment /mo
10 Beds
8 Baths
6,556 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,556 sqft
Price per Sqft $285
MLS Listing ID 25589823
Bedrooms 10
HOA Y/N No
Year Built 1923
Lot Size 10,593 Sqft
Property Description
This prime Los Feliz property, located adjacent to Hollywood Hills, offers a strong unit mix of two massive, townhouse-style three-bedroom units and four one-bedroom units. Three units will be delivered vacant, presenting immediate value-add or redevelopment potential. The front duplex features new electrical, plumbing, and roof, while the rear fourplex also has a new roof and updated plumbing. Situated on a large 10,590 SF lot with Tier 3 TOC incentives, the property includes one garage and six open parking spaces ideal for potential ADU conversion under SB1211. With eligibility for redevelopment through the CHIP Ordinance to build 50+ units or 70+ units through ED1, the land is very well priced at $177.05 per square foot. This is a rare opportunity for both short-term cash flow and long-term development upside in one of LA's most desirable neighborhoods. With three units delivered vacant and a large LAR3 lot with Tier 3 TOC incentives, this property offers immediate income potential alongside exceptional redevelopment opportunities through CHIP, ED1, or ADU conversion in a prime Los Feliz location.
Location
State CA
County Los Angeles
Area 637 - Los Feliz
Zoning LAR3
Interior
Fireplace No
Exterior
Parking Features Garage, Tandem
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5544006029
Special Listing Condition Standard
Read Less Info
Listed by Jason Tuvia Marcus & Millichap
Get More Information
QUICK SEARCH
- San Francisco, CA
- Oakland, CA
- San Diego, CA
- Berkeley, CA
- Palo Alto, CA
- San Jose, CA
- Concord, CA
- Fremont, CA
- Marin, CA
- Santa Clara, CA
- Daly City, CA
- San Ramon, CA
- Hercules, CA
- Vallejo, CA
- Benicia, CA
- Fairfield, CA
- Redwood City, CA
- Richmond, CA
- Atherton, CA
- Alameda, CA
- Hayward, CA
- Pleasanton, CA
- Livermore, CA
- San Leandro, CA
- Vacaville, CA
- Cupertino, CA
- Walnut Creek, CA
- Dublin, CA
- Castro Valley, CA
- Mill Valley, CA
- Tiburon, CA
- Sausalito, CA
- Napa, CA
- American Canyon , CA
- San Rafael, CA
- Mountain View, CA
- Sunnyvale, CA
- Los Gatos, CA
- Tracy, CA
- Brentwood, CA
- Oakley, CA
- Discovery Bay, CA
- Orinda, CA
- Moraga, CA
- Lafayette, CA
- Alamo, CA
- Foster City, CA