Property Description
Fantastic development opportunity. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). ED1 Eligible. Continue to rent out the property or develop this 6501 Sq Ft lot. Zoned LAC2 , this TOC Tier 1. With a FAR of 2.75 the total buildable area can be 17,877 sq. ft. Buyer to Verify with city planning for accuracy of all information. Property consists of one building with 6 separate units. Units 2,3,4,5 and 6 are studios. Unit 1 is a 2 bedroom / 1 bath and it was modified to a 3 bedroom / 1 bath without permits which is now rented on Airbnb 30day+ . The other 5 units are rented out on a month to month basis.
Features
: No
: Wall Furnace
: No
: No
: No
: 6
: Driveway
Address Map
U.S.
California
Los Angeles
Los Angeles
90003
8115 S Figueroa Street
0
W119° 43' 0.9''
N33° 57' 54.2''
MLS Addon
$0
2,248 Sqft
: No
: No
86
110 N. to Manchester, Left on Manchester and Right on Figueroa.
: No
1
Residential Income For Sale Los Angeles
8115 S Figueroa Street, Los Angeles, Los Angeles, California, 90003
7 Bedrooms
2,248 Sqft
Visits : 2 in 95 days
$899,000
Listing ID #24404581
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24404581
Price : $899,000
Bedrooms : 7
Square Footage : 2,248 Sqft
Year Built : 1950
Lot Area : 6,501 Acre
Status : Active
Agent info
Damian M. Ramirez
- View website
- (714) 292-7224
- (714) 292-7224
- (800) 243-0149
-
-
- 01974515
- 1213238
- PWDAMRA
Broker
A level-headed and composed professional.
Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
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