Description
Attention ALL builders and investors - Rare Opportunity to acquire two adjacent RD1.5 lots (along with 1612 S Burnside) totaling over 14,600 sq ft land area. Zoned RD1.5 for future larger development. Seller owns both properties and wishes to sell both properties at the same time in order to effectuate their 1031 Tax Deferred Exchange. Subject property is 2 houses on one lot. Front house is a 3 bed + 2 bath and the rear house is a 2 bed + 1 bath. Both units are tenant occupied and will not be delivered vacant. Separately metered for gas & electricity. Operating expenses, Cap rate, etc. are estimates only and not verified. Please do NOT disturb tenants or walk onto property. Units can be viewed after accepted offer. Property being sold in its present AS IS condition.
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3BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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1,628SQFT
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$537$/SQFT
Description
Attention ALL builders and investors - Rare Opportunity to acquire two adjacent RD1.5 lots (along with 1612 S Burnside) totaling over 14,600 sq ft land area. Zoned RD1.5 for future larger development. Seller owns both properties and wishes to sell both properties at the same time in order to effectuate their 1031 Tax Deferred Exchange. Subject property is 2 houses on one lot. Front house is a 3 bed + 2 bath and the rear house is a 2 bed + 1 bath. Both units are tenant occupied and will not be delivered vacant. Separately metered for gas & electricity. Operating expenses, Cap rate, etc. are estimates only and not verified. Please do NOT disturb tenants or walk onto property. Units can be viewed after accepted offer. Property being sold in its present AS IS condition.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-06-30T08:42:35.56. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.