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Listed by Brent Ballard • eXp Realty of Greater Los Angeles
$ 1,398,000
Est. payment | /mo
10,996 SqFt
$ 1,398,000
Est. payment | /mo
10,996 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 10,996 sqft
Price per Sqft $127
MLS Listing ID CRP1-25132
HOA Y/N No
Lot Size 0.252 Acres
Property Sub-Type Unimproved Land
Source Datashare California Regional
Property Description
Unlock a rare opportunity in one of the most desirable pockets of the Foothills. Just minutes from vibrant downtown Montrose and approximately 15 minutes from downtown Los Angeles, this duplex sits on a highly versatile lot with the potential to expand to 4-6 units (buyer to verify).The existing structures are in need of renovation, making this an ideal value-add project for investors, developers, or builders looking to capitalize on strong rental demand and a rapidly appreciating area. With flexible zoning, excellent frontage, and a neighborhood known for its walkability, dining, and boutique retail, this property offers the perfect foundation for a profitable redevelopment or long-term hold.Opportunities in locations this strong--paired with true upside potential--do not come around often. Bring your vision and transform this underutilized duplex into a high-performing multi-unit asset.
Location
State CA
County Los Angeles
Interior
Fireplace No
Exterior
View None
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Paul LeJoy
Broker-Owner | Lic# 01467744