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

2

Building size

2,996 sqft

Lot size

7,856 sqft

Year built

1924

Stories

2

Style

Spanish

Heating

Wall Furnace

Cooling

None

Pool

None

View

None

Status

Active

Days on market

8

MLS #

247955992

About this property

Investor/Developer Opportunity on a 7,000+ SF Corner Lot! This property is currently configured as a duplex, both units are owner occupied and will be delivered VACANT. Both units offer a similar and spacious floor plan, with 3 bedrooms, 1.25 baths, living room, dining area and kitchen.The property sits on a large corner lot of over 7,000 square feet, offering investors and developers an opportunity to explore the potential of the site while having an existing duplex configuration in place. Public records show the property is zoned LARD2 and located within a TOC Tier 3 area. Buyer to independently verify zoning, TOC eligibility, development potential, allowable uses, density and all other property information with the City of Los Angeles.Located in Mid-City Los Angeles, an area seeing continued investment and development, with convenient access to transportation, shopping, dining and major employment centers. Whether you're looking for a value-add project, holding property or exploring future development possibilities, this is an opportunity worth taking a closer look at. Bring your plans and your investors!

Location

4098 W 23rd Street

Los Angeles, Los Angeles, CA, 90018