9500 S Spring Street
Los Angeles, CA 90003
0.13 acres | #PF24187010
Description
Ideal buy and hold development opportunity. This fully vacant, centrally located duplex offers two freestanding houses on a street to street lot, as well as a separate garage with attached workshop. The large front unit is currently a two-bed/one-bath but can potentially be reconfigured as a three bed. The rear unit is currently being used as a two-bed/one-bath, and the garage and workshop can be converted to an ADU There is plenty of off street parking for three rentals, and the possibility of generating huge monthly income either with the updated section 8 rent schedules or with market rate rents.
Multiple development strategies exist for this exciting fixer which is zoned R-2 and is close to public transit. No blind offers. Sellers to make no repairs or concessions. Cash or hard money offers only.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- InteriorAllBedroomsDown
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- MLS #PF24187010
- MLS #PF24187010
- Original List Price$598,000
- Acres0.1267
- Utility SourcePublic
- Cost598000
- Property SubtypeDuplex
- Year Built1925
- Stories1
- Parking Spaces1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Steve Aranda (#pf17362m)
Listing Office: Altadena Real Estate Company (#pf11645m)
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