Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

4,900 sqft

Lot size

3,661 sqft

Year built

1910

Stories

2

Heating

None

Cooling

None

View

City Lights

Status

Active

Days on market

72

MLS #

246316432

About this property

Prime Development Opportunity | Approved Plans for 4 Units + Jr. ADU | Park front with DTLA Views: Unlock the potential of this exceptional investment opportunity located directly across from a scenic park with captivating Downtown Los Angeles skyline views. This rare offering includes approved plans to develop four units plus a Junior ADU, transforming a single-family home into a high-yield, modern income property. Key Highlights: Development Ready: Comes with architectural plans to convert into a multi-unit property 4 units plus a Jr. ADU offering significant upside in a high-demand rental zone. Park front Urban Oasis: Enjoy unobstructed views of DTLA from a peaceful, green setting across the street from a lush community park the best of both nature and city living. Modern Design: Plans feature open-concept layouts, high-end finishes, and thoughtful configurations designed for today's renters and lifestyle preferences. Unbeatable Location: Nestled in a highly sought-after neighborhood with easy access to downtown hotspots, major freeways, public transit, premier dining, shopping, and cultural landmarks. Investor's Dream: Ideal for developers and investors seeking strong long-term rental income, appreciation potential, and creative flexibility in execution. Whether you're looking to build your portfolio or bring your vision to life in one of LA's fastest-growing areas, this property delivers the location, approval, and vision needed to move forward with confidence. Contact us today to schedule a walkthrough, review the plans, and explore this exciting opportunity before it's gone!

Location

145 N Toluca Street

Los Angeles, Los Angeles, CA, 90026