633 W 75th Street, Los Angeles, CA 90044
List Price: $889K
Listing Status: Active
0Days on Market: 2
5 Bedrooms · 2 Bathrooms · 1,800 sq ft
Property Type: ResidentialIncome
Year Built: 1989
Lot Size: 7,008 sq ft
Private Pool: Yes
MLS Number: 26832661
About This Property
Located in the vibrant Vermont Knolls community of Los Angeles, 633 & 635 W 75th Street offers a rare development opportunity with RTI (Ready-To-Issue) permits in place. The existing gated property features a charming two-story building consisting of two updated units, (1) 2 bedroom and (1) 3 bedroom, 1 bathroom units. This gated complex sits on a tree lined street and has a welcoming front lawn, ample driveway parking and lot backs into an alleyway. The approved plans allow for the construction of a 2 story brand-new development. The new project will feature (4) 1 bdr, 1 bath units and (2) 2 bdr, 2 bath ADUs, each thoughtfully designed to meet the needs of modern urban living. The building will encompass approximately 3,700 square feet on a 7006 SF square foot lot. The two front units will generate income while you build out the new units. This property is situated just minutes from USC, LATCC, University of West LA and CAL State LA. Not to mention it is minutes from LA Memorial Coliseum, BMO Stadium , SoFi Stadium, Kia Forum, Intuit Dome, Crypto.com Arena, Dodger Stadium, and more! The property location benefits from a strong demand for rental housing offering significant long-term growth potential. This is a great opportunity for anyone looking to invest in income property in Los Angeles! Drive by only until Open House, do not disturb tenants.
Listing provided by: Claudia Ghazanfary DRE #01948331 760-672-0881 claudiaghaz@gmail.com, Call It Closed International,Inc
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