1231 E 119th Street, Los Angeles, CA 90059 (MLS # SB26081950)

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PRICE $899,900 BEDS 0 BATHS 0 HOME SIZE 1,686 sqft LOT SIZE 17,115 sqft Request More Info Schedule a Showing

OVER 17,000 SQUARE FEET FLAT LOT FOR DEVELOPEMENT WITH AN INCOME PRODUCING DUPLEX...........GREAT OPPORTUNITY FOR A BUILDER, CONTRACTOR, DEVELOPER, INVESTOR OR OWNER USER THAT IS ACTIVELY SEARCHING FOR FOR AN INVESTMENT INCOME PRODUCING PROPERTY THAT IS SITUATED ON A LARGE FLAT LOT WITH ROOM TO ADD ADDITIONAL UNITS AND ADUs. BRING YOUR TRUCKS, TRAILERS, COMPANY EQUIPMENT, BOATS, CAMPERS AND RVs. THERE IS ROOM TO STORE THEM. THIS PROPERTY HAS A LOT SIZE OF OVER...........17,000 SQUARE FEET .........AND INCLUDES AN INCOME PRODUCING DUPLEX THAT CONSISTS OF TWO, 2 BEDROOMS, 1 BATHROOM UNITS, A 2 CAR DETACHED GARAGE WITH LONG DRIVEWAY. PROPERTY IS LOCATED WITHIN THE LOS ANGELES UNINCORPORATED AREA OF LOS ANGELES. THE 2 CAR GARAGE MAY HAVE THE POTENTIAL TO BE CONVERTED TO AN ADU. THE LONG DRIVEWAY CAN PROVIDE ADDITIONAL OFF STREET PARKING IF THE 2 CAR DETACHED GARAGE IS CONVERTED TO AN ADU. THE OWNER OCCUPANT WILL DELIVER 1 UNIT VACANT AT CLOSE OF ESCROW . THE TENANT OCCUPIED UNIT IS ON A MONTH TO MONTH RENTAL AND WILL REMAIN IN PROPERTY AT CLOSE OF ESCROW. THE PROPERTY HAS STREET ACCESS IN THE FRONT AND PARTIAL STREET ACCESS IN REAR OF THE PROPERTY. THIS IS A GREAT FEATURE FOR FUTURE CONSTRUCTION ACCESS. THIS IS AN EXCELLENT INVESTMENT AND CONSTRUCTION OPPORTUNITY FOR AN INVESTOR WITH VISION AND FORE SIGHT. PLEASE SEE THE SUPPLEMENTS FOR AN AERIAL PHOTOGRAPH OF THE PROPERTY AND PROPERTY PLAT MAP....LOT #9.... ALSO INCLUDED WITHIN THE SUPPLEMENTS IS THE LOS ANGELES COUNTY DEPARTMENT OF PLANNING CONTACT INFORMATION AND ADU CONSTRUCTION SUMMARY. PROPERTY IS LOCATED CLOSE TO CHURCHES, FREEWAYS, PARKS, SCHOOLS AND SHOPPING.