523 W 76Th Street
Los Angeles, CA 90044
$175,000.00 (-21.21%)
Closed for $650,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 6,899 sqft
| MLS | PW24006464 |
| Year Built | 1922 |
| Property Type | Duplex |
| County | Los Angeles |
| Status | Closed |
| Closed | $650,000 |
| Structure Size | N/A sqft |
| Lot Size | 6,899 sqft |
| Beds | N/A |
| Baths | N/A |
Description
Seize this unique opportunity with a property that's RTI (Ready To Issue) permitted and poised for transformation. Currently a duplex, it comes with approved plans to convert into a 5-unit residential complex. This project represents a significant value add, increasing from a duplex to a total of five units. The total proposed square footage for this new development is a substantial 7,730 square feet! Utilize the favorable LAR3 zoning and TOC program in place. Additionally, this property is located in an area eligible for the Ladder Up Home Loan Grant, offering up to $50,000 in grant credits for qualified owner-occupant buyers who meet eligibility requirements. This is a rare opportunity to secure a multi-unit property in a prime location with financial assistance available.
Listing information courtesy of: Jeff Anderson, eXp Realty of California Inc 562-263-7983. *Based on information from the Association of REALTORS/Multiple Listing as of 11/10/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
Location
Contact a Local Realtor®
Elisa Jenks
REALTOR®
Direct: 213.713.5939
Email: Email Me
DRE: 02151256
DRE #01873088
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