$650,000
Sold

523 W 76th Street

Los Angeles, CA 90044
0.16 acres | #PW24006464
Listing OfficeeXp Realty of California Inc
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Seize this unique opportunity with a property that's RTI (Ready To Issue) permitted and poised for transformation. Currently a duplex, it comes with approved plans to convert into a 5-unit residential complex. This project represents a significant value add, increasing from a duplex to a total of five units. The total proposed square footage for this new development is a substantial 7,730 square feet! Utilize the favorable LAR3 zoning and TOC program in place.
Additionally, this property is located in an area eligible for the Ladder Up Home Loan Grant, offering up to $50,000 in grant credits for qualified owner-occupant buyers who meet eligibility requirements. This is a rare opportunity to secure a multi-unit property in a prime location with financial assistance available.

  • Property Details
      • Lot DescriptionBackYard, FrontYard, NearPublicTransit
      • Stories1
    • Measurements
      • Acres0.1584
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1922
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$825,000
  • Other
      • MLS #PW24006464

Location

Jane MongeReal Estate Group