Attention Investors & Developers! We present two adjacent income properties totaling 11 units on a combined 11,787 SF R4-zoned lot near Olympic Blvd and Vermont Ave, just minutes from Downtown Los Angeles. This is a rare opportunity to acquire a high-density development site with solid in-place income and excellent future… Read More potential. 964 features one spacious 3bd+2ba unit and four 2bd+1ba units and 6 covered side-by-side parking spaces in the rear. 968 offers five 2bd+1ba units, and one 1bd+1ba unit, and 6 covered side-by-side parking spaces in the rear and 3 tandem parking spaces in the driveway. With strong rental demand in the area and favorable zoning for redevelopment, this is an ideal opportunity for investors or developers seeking long-term value in one of LA's most dynamic neighborhoods. Both properties have to be sold concurrently Read Less
Property listed by Keller Williams Realty Los Feliz, Johnny Cho 323-300-1000
Listing Snapshot
Days Online
18
Last Updated
Beds
12
Square Ft.
3,786
Lot Size
0.14 Acres
Year Built
1964
MLS Number
26843489
Additional Details
Building
Built in 1964, Living area: 3786.0, 1 building, Levels: Two
Cooling
None
Disclosures
RentControl
Income
Gross Income: $130,044, Net Operating Income: $81,427
Lot
0.1354 acres
Parking
6 total parking spaces, Assigned, Covered
Taxes
Parcel Number: 5078009016, Zoning: LAR4
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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