741 COLUMBIA AVENUE, LOS ANGELES, CA 90017

  • 7 beds
  • 4.00 baths
  • 2,294 sqft
  • Lot Size: 4,574 sqft
  • Built in 1901
  • MLS #SW21176288
For Sale $1,150,000

Description

Introducing this excellent investment opportunity to redevelop this single family home with the already approved plans for a 7 bedroom, 3.5 bathroom single family home or build a multi unit! Home has been completely gutted and is ready to develop. There is a newly built 2 car garage on the property to use for parking, storage or even convert into another living space for additional income (upon city approval). With just a quick 5 minute walk to downtown Los Angeles shopping, restaurants, hotels and entertainment, this could also be an ideal investment as a short term rental such as airbnb. This property is zoned Tier1 R3 Transit Oriented Communities (TOC) with TOC guidelines providing for reduced parking and setback requirements. (Buyer and buyer's agent to do their due diligence and verify all zoning and TOC rules and regulations with the Los Angeles department of Building and Safety).

FACTS / FEATURES

  • Residential, Single Family Residence
  • Built in 1901
  • Lot Size: 4,574 sqft
  • View: Neighborhood
  • Cooling: See Remarks
  • Heating: Central
  • Parking: 2 spaces total

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Listing Provided by Talia King, Higher Realty Inc
Based on information from California Regional Multiple Listing Service, Inc. as of September 19, 2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.