$580,000

1159 43rd Place, Los Angeles 90011

4,844

Lot Size

Listing Agent
Frank Shamoo - Innovate Realty, Inc.

LOT VALUE with APPROVED PLANS - Property scrapped - RTI and SB8 Cert APPROVED!! Don't miss out on this exceptional investment opportunity! This lot is being sold with approved plans to build an approximately 2,805 sq ft of total living space duplex with an ADU + garages/parking and a potential for 4th and 5th unit ADU. Spanning two floors, this spacious multi-family building offers three units with incredible income potential. The first floor features two separate units: a 2-bedroom, 1-bathroom unit spanning 787 sq ft and a 1-bedroom, 1-bathroom unit spanning 547 sq ft. These units provide comfortable and functional living spaces with an in-unit washer and dryer. Potential 4th/5th unit on the second floor presents 3 bedrooms and 2.5 bathrooms, offering 1,266 sq ft of space or split into 2 spaces making it a 5th unit. This unit provides additional room and luxurious amenities, making it an appealing choice for tenants seeking more space and upscale living. Located in a prime area, this property is a fantastic investment opportunity for seasoned investors and first-time buyers seeking a unique living arrangement. With multiple income streams from the three units, you can enjoy the potential for significant rental income. Don't delay! Take advantage of this opportunity to add a lucrative multi-family property. Schedule a showing today to explore this property’s immense potential for your investment goals. Don't miss out on this chance

Facts & Features

MLS® # OC24064291
Price $580,000
Bathrooms 0.00
Lot Size 4,844
Type Land
Status Active

Community Information

Address 1159 43rd Place
Area C37 - Metropolitan South
City Los Angeles
County Los Angeles
Zip Code 90011

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Neighborhood
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Exterior

Lot Description 0-1 Unit/Acre

Additional Information

Date Listed April 3rd, 2024
Days on Market 28
Zoning LAR2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentFrank Shamoo
OfficeInnovate Realty, Inc.

Listing Map

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