3828 W Avenue 43

Los Angeles, CA 90041

PRICE REDUCED

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-$200,000 (-13.34%)

$1,299,000

List Price

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Property Description

A lovely remodeled Single Family Residence with the added value of a development opportunity in the Highly Desirable Area of Eagle Rock. This unique offering is perfect for investors, multi-generational families, or those looking to generate rental income. The main home at 3828 W Avenue 43 is a California bungalow style featuring 3 bedrooms, 1 bathrooms, and 912 SF of living space with a detached garage on a generous 7,500 SF lot. There is currently a month to month tenant paying $3,300 per month in rent with potential to bring up to market rates while you develop/get plans approved for construction to help with the carrying cost. The development opportunities are plenty with the ability to add multiple ADU’s behind the current structure or continue the sellers path of a larger development. Project already has the city’s permission with entitlements for 36 single units under the ED-1 guidelines or you can build a large 4 unit apartment building. The choice is yours! *buyer to verify all statements

Listing Information

List Price $1,299,000
Status Active
MLS DW24169167
HOA $0
Type Land
Lot Size 7,502
Structure Size N/A
DOM 53
Courtesy Of Real Estate Connection
Listing Agent Evaristo Ortiz DRE#01104167

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Evaristo Ortiz, Real Estate Connection . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 7th, 2024 at 11:47 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.