9500 S Spring Street Contingent Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90003
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Contingent
Purchase Type For Sale
Square Footage 1,321 sqft
Price per Sqft $452
MLS Listing ID PF24186673
Style Townhome
Bedrooms 4
Full Baths 2
Year Built 1925
Lot Size 5,520 Sqft
Property 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.
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.
Location
State CA
County Los Angeles
Area Los Angeles (90003)
Zoning LAR2
Interior
Laundry Kitchen
Exterior
Garage Spaces 1.0
Building
Lot Description Curbs
Story 1
Sewer Public Sewer
Water Public
Others
Monthly Total Fees $45
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard