Listing Agent: Amela Cejvan      Broker/Office: Alta Mira Realty, Inc.
715 E 83 Street Los Angeles CA 90001
$ 575,000
  2   |    1   |    1100 Sq Feet

Listing ID

#PW26120197

Status

Active

Property Type

Single Family Residence

County

Los Angeles

Year Built

1926

Days on website

3

Description
Investor / Flipper Special or value oriented homeowner – 2-Bed Home on Large Lot with Proposed Schematic Plan Included!
Classic California bungalow located in the heart of the Florence neighborhood. This solid residence on a spacious 5,101 sq ft lot offers excellent potential for value-add investors, developers, and flippers.

The property is being offered as-is with a proposed SCHEMATIC plan included in the listing materials. This conceptual redesign demonstrates how the existing floor plan can be optimized — including the potential to create a 3-bedroom configuration along with improved kitchen flow, pantry, built-in storage, and stacked laundry area. Opportunity Highlights:

• Proposed Plan shows smart reconfiguration for better functionality and potential 3rd bedroom

• Large 5,101 sq ft lot with strong ADU potential under LAR2 zoning, duplex +2 ADU

• Classic single-story layout ready for interior updates

• Ideal for investors seeking sweat equity or redevelopment projects

Conveniently located in Florence with easy access to public transit, shopping, major freeways, and downtown LA. This is a prime opportunity for buyers looking to customize or maximize returns in a neighborhood with growing demand.

Whether you’re a developer, house flipper, or visionary homeowner, bring your ideas and make it your own!
Location
Financial Information
List Price:  $ 575000
Property Features
Community Features:  Sidewalks
High School District:  Los Angeles Unified
Laundry Features:  Inside
Levels:  One
Senior Community YN:  false
Structure Type:  House
Water Source:  Public
High School District:  Los Angeles Unified
Senior Community YN:  false
MLS Area Major:  C42 - Downtown L.A.
City:  Los Angeles
Listed By:   Amela Cejvan   Alta Mira Realty, Inc. 
CA Lic#