Price
$ 580,000
New!

3835 Floral Drive, Los Angeles, CA 90063  

3835 Floral Drive, Los Angeles, CA 90063  

Million dollar View!!!! Investors dream!!!! No Rent Control!!!!!! Take a look at the drone video and photos!!!! 2 units on a r2 permitted 25,000 square foot lot with easements not factored in square footage and mostly flat with mild elevation. Driveway entrance to property is located on Folsom/Herbert bend Use 3822 Folsom Street Los Angeles, CA. 90063 for directions . Permit for future stair access is on floral/Herbert dead end. This is very rare in this area, lot is mostly flat with some hilly landscape but can easily be graded flat for future projects. Lots of room for parking, Huge driveway, gate access for stairs on opposite side of property to be accessed on Floral Drive at the end of the cul-de-sac for a future build. Lot is zoned for R2 and has a two separate units one with a large basement/Storage. 1 unit is a three bedroom the other is a 2 bedroom. There is a ton of properties going up on the block with many people building complexes of units on similar lots. Rent are very strong in the area with a 3 bedroom demand $2400.00 easily. Units will be delivered vacant. Units need a ton of work and need to be stripped out and rebuilt from the inside. Cash buyers or private money financing only

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Listing Type
Multi-Family
Listing ID
CV16755025
Lot Size
0.56 acres
Listing Status
Active
Year Built
1946
County
Los Angeles
Floors
1
Units
2
Garage
4.0
Zoning
LCR2*
TaxID
5230019010
Listing courtesy of ANGELO SABADIN~ANGELO SABADIN, BROKER
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX RESOURCES
    101 North Indian Hill C1 208 Claremont, CA 91711 | Phone: (909) 398-1166
    RE/MAX RESOURCES is licensed in the state of California CalBRE License #: 01019252
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.