$ 1,100,000
-
$1,100,000
Price -
4
Bed -
4
Bath -
2,867
SqFt
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About the Listing BH5345915 - BB40792,GD165116447
Prime Mid-Wilshire/Wilshire Vista Development Opportunity! Located in one of Los Angeles' most desirable neighborhoods, this LAR2-zoned property offers exceptional investment and redevelopment potential. Existing zoning may accommodate multifamily development, ADUs, or future redevelopment opportunities (buyer to verify with the City of Los Angeles). LAR2 zoning may provide greater flexibility than SB 9, with potential opportunities for Density Bonus or other incentive programs, if applicable. Ideally situated in the sought-after Wilshire Vista/Mid-Wilshire neighborhood, adjacent to Miracle Mile and just minutes from Larchmont Village, Hancock Park, Beverly Grove, West Hollywood, and Koreatown. Enjoy convenient access to premier dining, shopping, entertainment, and major employment centers. Property is subject to the City of Los Angeles REAP Program. One unit is tenant-occupied and will transfer subject to the existing tenancy. The owner-occupied unit will be delivered vacant at the close of escrow. CASH OFFERS ONLY ! Buyer to independently verify zoning, development potential, allowable uses, REAP status, tenancy, and any applicable incentive programs with the City of Los Angeles.
Listing Highlights
Status
Active
Days on Site
11
Property Type
Multi-Family
MLS ®
BB26132383
Year Built
1928
Total Square Footage
2,867
Lot/Acreage
0.15
County
Los Angeles
Area
C17 - Mid-Wilshire
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,Back Yard,Front Yard,No Land Lease
- Garage Capacity: 3 car
- Parking Spaces: 3
- Roof:
- Others: 2+ Total Units
- Sewer: Unknown
- Parking Features: Door-Multi,Driveway,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5084029012
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
1259 S Orange Dr Los Angeles, CA 90019
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