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$ 890,000
Est. payment /mo
New
2905 W 14th ST Los Angeles, CA 90006
4 Beds
4 Baths
1,482 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,482 sqft
Price per Sqft $600
MLS Listing ID 26866467
Bedrooms 4
HOA Y/N No
Year Built 1905
Lot Size 5,758 Sqft
Property Description
- RECENTLY UPDATED! - TWO-ADU POTENTIAL! - OWNER-USER OPPORTUNITY OR INVESTMENT PROPERTY! Rare opportunity to own a versatile income-producing property with immediate rental income and significant future development potential. - Unit #1 (2 Bed / 2 Bath) is currently VACANT, offering immediate occupancy for an owner-user or the opportunity to generate additional rental income. The property has been recently improved with fresh paint and updates. - Unit #2 is currently tenant-occupied and generating rental income. - Storage #3 is a detached, high-ceiling rear structure of approximately 1,200 sq. ft., currently leased for storage and office use and generating approximately $2,100/month. The structure was previously approved for auto repair use, offering flexibility for various potential uses. Buyer to independently verify all permits, approvals, zoning, and permitted uses.Adding significant upside, the rear structure may offer the potential to convert into up to two ADUs, creating an opportunity for additional rental income and long-term appreciation. Buyer to independently verify ADU feasibility and requirements with the City of Los Angeles.Conveniently located just minutes from Koreatown, Downtown Los Angeles, USC, restaurants, shopping, schools, parks, public transportation, and major freeways.A unique opportunity combining residential income, commercial/storage income, owner-user flexibility, and substantial future development potential in a highly central Los Angeles location.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR2
Interior
Heating Central
Fireplace No
Appliance Disposal, Microwave, Refrigerator, Dryer
Exterior
Parking Features Assigned
Total Parking Spaces 4
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5074002013
Special Listing Condition Standard
Listed by Sharon Oh Redpoint Realty #01712047
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