An exceptional investor ready opportunity in prime Larchmont Village. This property is ideal for fixers, flippers, developers, or buyers seeking a teardown or major remodel. With approved and issued permits already in place for a significant addition and renovation. Plans can be provided, or buyers may pursue their own customized design. The lot offers excellent redevelopment potential, including a detached garage suitable for ADU conversion. Neighborhood comps between approximately $2.7M and $3M highlight the strong resale environment for newly improved homes in this pocket. Property is sold As-Is, with no guarantees regarding future value or investment return. Buyers must perform their own investigations and verify all development possibilities with the city.
Location
Financial Information
List Price:$ 1549000
Property Features
Flooring:Wood
Furnished:Unfurnished
Heating:Central
Laundry Features:Inside
Levels:One
Parking Features:Concrete, Garage
Property Condition:Fixer
Senior Community YN:false
View:Landmark
MLS Area Major:C18 - Hancock Park-Wilshire
City:Los Angeles
Senior Community YN:false
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Listed By:
Mason M. Rad
Douglas Elliman
CA Lic#
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