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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$889,000

Est. payment - /mo

5 Beds

2 Baths

1,800 SqFt

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Open House

Fri Jun 19, 11:00am - 1:00pm

Sat Jun 20, 11:00am - 2:00pm

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $493

MLS Listing ID 26832661

Bedrooms 5

HOA Y/N No

Year Built 1989

Lot Size 7,008 Sqft

Property Description

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. First Open House will be Friday, June 19th and Saturday, June 20th, from 11:00 AM to 1:00 PM.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area, In Carport

Exterior

Parking Features Shared Driveway, On Street

Pool None

Community Features Gated

View Y/N No

View None

Roof Type Composition,Shingle

Total Parking Spaces 3

Private Pool No

Building

Lot Description Front Yard, Rectangular Lot

Faces South

Entry Level Two

Architectural Style Traditional

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6020023014

Security Features Gated Community

Special Listing Condition Standard

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Listed by Claudia Ghazanfary Call It Closed International,Inc #01948331

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

633 W 75th ST Los Angeles, CA 90044

Ernie Caponera

Open House

Key Details

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Interior

Exterior

Building

Others

Nearby Locations

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633 W 75th ST