5017 Elmwood Ave, Los Angeles, CA 90004

$1,500,000
3
BD
2
BA
2,013
SqFt
List Price
$1,500,000
MLS#
20-660626
Year Built
1924
Bedrooms
3
Bathrooms
2
Living Sq. Ft
2,013
Lot Size
6,256
Days on Market
1
Property Type
Single Family Residential
Style
Country English
Stories
2

Property Description

We are pleased to present for sale an R3 TOC Tier 1 development opportunity located in the hip Larchmont Village area of Los Angeles! The lot's size is 6,250 sqft, meaning a developer can build 7 units by right or up to 12 utilizing TOC incentives. Next door lot is also available making this an amazing opportunity to build up to 24 units on a combined 12,500 sqft R3 lot in super hot Larchmont Village! This charming Country English home consists of 3 Bd 1.5 Ba downstairs (.5 ba may not have permit), hardwood floors, open floor plan with very private backyard PLUS an upstairs area which can be converted into a private master bedroom or rented studio! Lots of options with this property!! Build up to 24 units, renovate according to your tastes and move right in, or perfect flip opportunity! Buyer to verify zoning with LADBS. Home to be sold As-Is. Contact listing agent for more details!

Additional Information

Other Buildings
Other
Heat
Other
Cooling
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View
None
Number of Cars in Garage
Detached

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Courtesy of , Daniel Shamooelian - CA DRE#

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