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$ 620,000
Est. payment | /mo
2 Beds
1 Bath
738 SqFt
$ 620,000
Est. payment | /mo
2 Beds
1 Bath
738 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Pending
Purchase Type For Sale
Square Footage 738 sqft
Price per Sqft $840
MLS Listing ID PW25265189
Bedrooms 2
Full Baths 1
Year Built 1942
Lot Size 7,125 Sqft
Property Sub-Type Detached
Property Description
Here is a rare chance to acquire an adorable, well-maintained property on a long, deep lot with significant upside for future expansion or development. This well-maintained 2-bedroom, 1-bath home sits on a deep lot offering outstanding potential for future expansion or additional units. The property was taken down to the studs and rebuilt in 2009, including updated plumbing, electrical, and roof. Since then, a tankless water heater, upgraded kitchen and bathroom, and refreshed interior finishes have been added as needed. The stucco is in excellent condition, and the home has been cared for by the same nonprofit owner since 2009. A permitted sewer line extends to the rear of the property (currently capped), originally installed with the intention of constructing a fourplex. The large lot layout, existing improvements, and long driveway create excellent possibilities for future ADUs, additional structures, or long-term development plansbuyers to verify possibilities with the city. The property will be delivered tenant-occupied, with the current lease expiring in December 2025. This is an excellent opportunity for investors seeking a property with strong future potential or for owner-occupants who can close quickly and accept possession subject to the existing tenancy. Ideal for cash buyers or buyers able to perform a fast and clean closing. A rare chance to secure a well-rebuilt home on a large lot with infrastructure already in place for future expansion. Must close before the end of December.
Location
State CA
County Los Angeles
Direction Between Pimenta and Hayter- Main Cross Street is Lakewood Blvd.
Interior
Heating Wall/Gravity
Fireplace No
Exterior
View Y/N Yes
Water Access Desc Public
View Neighborhood
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 7107013036
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Kristina Fruneaux Coldwell Banker Envision
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Krystal Lane
Partner | Lic# 1918284