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Listed by TONY SERRANO, DRE #01384277 • CENTURY 21 REALTY MASTERS
$ 679,000
Est. payment | /mo
6,250 Sqft Lot
$ 679,000
Est. payment | /mo
6,250 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRMB26164928
Year Built 1897
Lot Size 6,250 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Located in the highly sought-after Alvarado Terrace Historic District of Pico-Union, this early-1900s Craftsman presents an exceptional restoration and investment opportunity. Offering approximately 1,331 square feet of living space on a 6,250-square-foot LARD1.5-zoned lot, the property features three bedrooms, two bathrooms, and a large basement with potential for additional living space, a guest suite, or an ADU-subject to city approval, zoning requirements, and historic-district guidelines. The tenant-occupied residence is presently configured with two independent living areas. The front section includes two bedrooms and one bathroom, while the rear section offers one bedroom and one bathroom. A long central corridor, original character, and large double doors highlight the home's unique Craftsman-era design. Surrounded by distinctive historic homes and multimillion-dollar properties, this Pico-Union investment property provides convenient access to public transportation, Downtown Los Angeles, Crypto.com Arena, Koreatown, Westlake, Larchmont Village, and Hollywood. With renovation and restoration, the property may offer significant upside potential. The seller suggests a possible after-repair value of approximately $1.2 million; buyers should independently verify projected v
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Laundry Gas Hookup, 30
Exterior
Parking Features Other
Pool None
Building
Sewer TBD
Water Private
Others
Tax ID 5137034014
Special Listing Condition Not Applicable
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