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3520 W 5th St | Los Angeles CA | 7407467489

Wes Wellman

This listing was posted on RealtyWW.

$2,495,000

W Th St, Los Angeles, Home For Sale

Price:
$2,495,000
BR/BA:
10+ BR, 10+ BA
Location:
3520 W 5th St, Los Angeles, CA
Description:

3 or More Options - Option 1 - Hold as conventional rental and add 2 ADUs; Option 2 - Develop-Build up to 50 potential units with AB 1287 or 26 units By-Right based on R4-2 zoning, Tier 3 TOC Zone. Density Bonus added. Opportunity Zone. (Independently verify with City Planning and/or other planning professionals) (Property Report available on request) Option 3 - Hold as conventional rental and develop later. ADU concepts based on a Consultant Schematic. ADU units and associated rents are projected. The rather conventional 50s exterior belies the interior vintage style. Unit interiors average just under 1500 SF. Most units retain vintage design touches with updated modern amenities. More like homes than apartments, the units give the sense of being in a charming Hancock Park home. A truly, one-of-a kind building. Oh, and did I mention it's smack dab in the middle of the Korea Town scene. Short distance to the iconic Chapman Plaza and public transportation. WalkScore.com: 95. Several exterior virtual pictures including the main photo showing many color options have been added to the photos along with the current interior and exterior property photos. Click on video links to see drone view. Gross income includes parking, laundry and other income in addition to projected rents for the possible addition of ADUs.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i76380389
Property Type:
Single-Family Houses
Sq feet:
1,500 sq. ft.
Posted:
September 27 on RealtyWW
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More About this Listing: W Th St, Los Angeles, Home For Sale
W Th St, Los Angeles, Home For Sale is a 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale at 3520 W 5th St in Los Angeles CA. Find other listings like W Th St, Los Angeles, Home For Sale and listings near 3520 W 5th St by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale in Los Angeles CA.