Rare investment and development opportunity in the highly desirable 90031 Los Angeles area. The existing 1,296 square foot home is a fixer and offers the chance to renovate, expand, or redevelop to suit your vision. With generous lot size and dual parcels, the possibilities are plentifulwhether exploring redevelopment, or creating a custom project (buyer to verify all development options with the city). This property presents exceptional potential for developers, investors, or flippers looking to maximize value in a rapidly evolving neighborhood. Conveniently located near major freeways, DTLA, and local amenities, this is a prime opportunity to capitalize on strong demand and ongoing growth in the area. Opportunities with this much land and upside potential are increasingly rarebring your contractor, architect, and imagination.
| MLS # | SR26088552 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1906 |
| Days On Site | 140 |
| Listing Provided By | Equity Union | Dennis Chernov |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,296 |
| Story(s) | 2 |
| Units | 1 |
| Acreage | 0.25 |
| Property View | None |
| Cooling | See Remarks |
|---|---|
| Cooling Yes / No | Yes |
| Interior Features | See Remarks |
| Fireplace Yes / No | No |
| Foundation Details | See Remarks |
|---|
| Parking Features | See Remarks |
|---|---|
| Garage Yes / No | No |
| Sewer | Public Sewer |
|---|
| Community Features | Valley |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90031 |
| Area | 679 Montecito Heights |
| Listing VS Median (in 90031) | |
Price: $689,000 low | high Med: $779,500 sqft: 1,296 low | high Med: 1,110 $ / sqft: $532 low | high Med: $726 On site: 140 low | high Med: 28 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90031 |
| Area | 679 Montecito Heights |
| Listing VS Median (in 90031) | |
Price: $689,000 low | high Med: $779,500 sqft: 1,296 low | high Med: 1,110 $ / sqft: $532 low | high Med: $726 On site: 140 low | high Med: 28 | |