Description
A builder/Investor+GGs dream! This USC adjacent duplex property located near the corner of Vermont Street and West 43rd Place, is in aprime location of L.A. County. This duplex is located in blue-collar South Central which is situated near public transportation and manyemployment hubs as well as USC and the Museum of Visual Narrative. Occupied with long-term tenants, this duplex is within a shortdistance to Natural History Museum, LA Memorial Coliseum, Banc of California Stadium, University of Southern California, DTLA, StaplesCenter, 10/110 freeways, and much more! Oh, and did I mention R-3 zoning? _______ *** Several options to maximize unit count + rentalincome: (1) Option 1: To Maximize Unit Count Without New Construction - The oversize detached garage could be converted to a third unit.(2) Option 2: To Maximize Unit Count With New Construction - Build another Fourplex behind the existing Duplex. (3) Option 3: ToMaximize Unit Count by tearing down the existing duplex and build a 10-unit apartment - This property benefits from a Tier-3 TOCDesignation which allows 10 units to be constructed on this R-3 zoning lot.
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7BEDS
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0.13ACRES
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4BATHS
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01/2 BATHS
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2,195SQFT
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$364$/SQFT
Description
A builder/Investor+GGs dream! This USC adjacent duplex property located near the corner of Vermont Street and West 43rd Place, is in aprime location of L.A. County. This duplex is located in blue-collar South Central which is situated near public transportation and manyemployment hubs as well as USC and the Museum of Visual Narrative. Occupied with long-term tenants, this duplex is within a shortdistance to Natural History Museum, LA Memorial Coliseum, Banc of California Stadium, University of Southern California, DTLA, StaplesCenter, 10/110 freeways, and much more! Oh, and did I mention R-3 zoning? _______ *** Several options to maximize unit count + rentalincome: (1) Option 1: To Maximize Unit Count Without New Construction - The oversize detached garage could be converted to a third unit.(2) Option 2: To Maximize Unit Count With New Construction - Build another Fourplex behind the existing Duplex. (3) Option 3: ToMaximize Unit Count by tearing down the existing duplex and build a 10-unit apartment - This property benefits from a Tier-3 TOCDesignation which allows 10 units to be constructed on this R-3 zoning lot.
Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-06T07:26:29.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.