523 W 76th Street Pending

Los Angeles,CA 90044

$ 650000

- Bed

- Bath

2123 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,123 sqft

Price per Sqft $306

MLS Listing ID PW24006464

HOA Y/N No

Year Built 1922

Lot Size 6,899 Sqft

Acres 0.1584

Property Description

Seize this unique opportunity with a property that's RTI (Ready To Issue) permitted and poised for transformation. Currently a duplex, it comes with approved plans to convert into a 5-unit residential complex. This project represents a significant value add, increasing from a duplex to a total of five units. The total proposed square footage for this new development is a substantial 7,730 square feet! Utilize the favorable LAR3 zoning and TOC program in place.

Additionally, this property is located in an area eligible for the Ladder Up Home Loan Grant, offering up to $50,000 in grant credits for qualified owner-occupant buyers who meet eligibility requirements. This is a rare opportunity to secure a multi-unit property in a prime location with financial assistance available.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Cooling None

Fireplace No

Laundry None

Exterior

Garage Driveway

Pool None

Community Features Sidewalks

Accessibility Parking

Parking Type Driveway

Total Parking Spaces 4

Private Pool No

Building

Lot Description Back Yard,Front Yard,Near Public Transit

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6020021029

Acceptable Financing Cash,Cash to New Loan,Conventional

Listing Terms Cash,Cash to New Loan,Conventional

Special Listing Condition Standard

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