Best priced R4 lot! Excellent Opportunity for Developer or Owner User to build in the future. R4-1VL Zoning, Corner Lot, 50ft x 120 ft (approx. buyers to verify). Buildable 14 units By-right. TOC Tier 3 designation gives added density. Use Initiative ED1 to allow for even more density of approximately 35-45 units. (Buyers to verify) Walking distance to future Target Store under construction at the corner of Vermont and Olympic .
Current house sits as a 4 bedroom 2 bathroom layout. A owner user can also live in the house or rent it out and develop the property to its full potential in the future. The possibilities are endless. Once in a lifetime opportunity! CORNER LOT! 50 ft Wide Lot! 6,000 sqft Lot!
Sold for $990,000 on 05/28/24
Listing Provided by:
Fernando Jaramillo DRE #01317271 800-700-4650,
Cal Mutual,
Fernando Jaramillo DRE #01317271,
Cal Mutual
Bought with: Premier Realty Associates
$990,000
2531 W 12th St, Los Angeles, CA 90006
3beds
1,574sqft
Single Family Residence
Built in 1911
6,000 Square Feet Lot
$1,028,900 Zestimate®
$629/sqft
$4,104 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 31, 2024 at 09:49am
Listing Provided by:
Fernando Jaramillo DRE #01317271 800-700-4650,
Cal Mutual,
Fernando Jaramillo DRE #01317271,
Cal Mutual
Bought with:
Mehran Ghaemi, DRE #01966070
Premier Realty Associates
Source: CRMLS,MLS#: AR24033254
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 3
Cooling
- None
Appliances
- Laundry: Inside
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,574 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage
- Garage spaces: 2
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,000 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5078027006
- Zoning: LAR4
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer, Unknown
- Water: Public, Private
Community & neighborhood
Community
- Community features: Urban
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Submit
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Estimated market value
$1,028,900