Listing Agent: Emma Perez      Broker/Office: Century 21 Cornerstone
2405 Clyde Los Angeles CA 90016
$ 998,000
  3   |    2   |    1508 Sq Feet

Listing ID

#PW25275597

Status

Active

Property Type

Single Family Residence

County

Los Angeles

Year Built

1930

Days on website

3

Description
Opportunity for End User or Developer | LAR3 Zoning | Mid-City / Culver City Adjacent

Acquire a strategically located LAR3-zoned parcel in one of Mid-City’s most in-demand growth corridors, directly adjacent to Culver City and situated at the end of a cul-de-sac, offering both privacy and strong redevelopment fundamentals. The property is conveniently located near Metro stations, dining, shopping, and major freeways. Currently a 3 bedroom and 2 bath home with strong growth and increasing demand, this area offers exceptional long-term appreciation potential. Value-add and redevelopment opportunities may include:
ADU Strategy: Retain the existing structure and add one attached ADU and one detached ADU, maximizing rental income under current ADU regulations.
Full Redevelopment: Demolish existing improvements and redevelop the site for up to 13 affordable housing units, utilizing low-cost, 3-story, on-grade construction. Plans are currently in progress, providing a head start for a qualified developer. The surrounding area continues to experience sustained demand, making this an ideal opportunity for long-term appreciation, density expansion, and value creation. ( Buyer and Buyer’s Agent to independently verify all information with the City and appropriate governing agencies, including but not limited to zoning, land use, permits, development potential, and allowable improvements.)
Location
Financial Information
List Price:  $ 998000
Property Features
Community Features:  Curbs, Sidewalks
Flooring:  Laminate, Tile
Foundation Details:  Raised
High School District:  Los Angeles Unified
Laundry Features:  Outside
Levels:  One
Lot Features:  Level
Parking Features:  Driveway
Senior Community YN:  false
Structure Type:  House
Water Source:  Public
High School District:  Los Angeles Unified
Senior Community YN:  false
MLS Area Major:  C16 - Mid Los Angeles
City:  Los Angeles
Listed By:   Emma Perez   Century 21 Cornerstone 
CA Lic#