Los Angeles, CA 90003
$750,000
Mark Quesada
Broker / Owner
DRE #02101365
Development opportunity. The property is being offered with plans currently in process for a proposed 6 unit multifamily development. Seller has obtained a demolition permit for the existing single family residence, which is intended to be demolished by Seller. The proposed approximately 3,500 SF development includes a planned unit mix of four (4) ADA-compliant 1-bedroom/1-bathroom units and two (2) 2-bedroom/1-bathroom units. Potential opportunity to add approximately 4–6 ADUs in addition to the proposed 6-unit development. Buyer to independently verify all development opportunities, feasibility, zoning, permits, approvals, plans, and ADU potential with the City of Los Angeles and all applicable agencies. Plans are currently in process and estimated to be Ready-to-Issue (RTI) in approximately 3–4 months. SELLER FINANCING AVAILABLE
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$5,535/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Construction
Lot & parking
Utilities
Listed by Deborah Moussighi, Keller Williams Luxury
MLS# SR26161935 · Active
$610,000
Median sale price
44 days
Avg days on market
99.0% of list
Sells for
Closed sales in 90003 over the last 6 months, all home types.
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
