Property Detail

9500 Spring

Los Angeles CA 90003

$598,000

Status: Active

Property Details

Description

Ideal buy and hold development opportunity. This fully vacant, centrally located duplex offers two freestanding houses on a street to street lot, as well as a separate garage with attached workshop. The large front unit is currently a two-bed/one-bath but can potentially be reconfigured as a three bed. The rear unit is currently being used as a two-bed/one-bath, and the garage and workshop can be converted to an ADU There is plenty of off street parking for three rentals, and the possibility of generating huge monthly income either with the updated section 8 rent schedules or with market rate rents. Multiple development strategies exist for this exciting fixer which is zoned R-2 and is close to public transit. No blind offers. Sellers to make no repairs or concessions. Cash or hard money offers only.

Map Location

Listing provided courtesy of Steve Aranda of Altadena Real Estate Company. Last updated 2024-09-27 08:12:12.000000. Listing information © 2024 CRMLS.

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