Residential Income, Mid-century - LOS ANGELES, CA


About This Listing

$2 195 000
Contract type: 

Tremendous opportunity for development into 8-units by-right or 13-units with the City of Los Angeles Density Bonus Program or for use as-is as a long term, easy management hold asset in the desirable & ever-increasing value neighborhood of Mar Vista. This 5-unit property consists of one 2BR+1BA single-family home & four 1BR+1BA back units with no vacancies which provides great income while obtaining plans & permits for a new build. Zoning is LAR-3-1 to a 15' alley on a 7,100 SF lot and is perfectly situated between burgeoning LA tech hubs of Silicon Beach & Downtown Culver City, home to the new Apple and Amazon developments & major technology companies such as Google, Facebook, Netflix, Yahoo!, YouTube, Nike, BuzzFeed, Electronic Arts, and Sony. With an 85 Walk Score\/ 72 Bike Score, Venice Beach & Marina Del Rey are just minutes away along with amazing area restaurants, gourmet coffee shops, Farmers Market, Abbot Kinney, shopping, & transportation nearby. OM provided upon request.

General amenities

  • Air conditioning
  • Balcony
  • Bedding
  • Cable TV
  • Cleaning after exit
  • Cofee pot
  • Computer
  • Cot
  • Dishwasher
  • DVD
  • Fan
  • Fridge
  • Grill
  • Hairdryer
  • Heating
  • Hi-fi
  • Internet
  • Iron
  • Juicer
  • Lift
  • Microwave
  • Oven
  • Parking
  • Parquet
  • Radio
  • Roof terrace
  • Smoking allowed
  • Terrace
  • Toaster
  • Towels
  • Use of pool
  • Video