22
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$1,775,000
Est. payment /mo
5 Beds
2,451 SqFt
Open 5/10 3PM-4PM
2536 Military Avenue Los Angeles, CA 90064
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OPEN HOUSE
Sat May 10, 3:00pm - 4:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,451 sqft
Price per Sqft $724
MLS Listing ID CL25515801
Bedrooms 5
HOA Y/N No
Year Built 1939
Lot Size 9,268 Sqft
Acres 0.21
Property Sub-Type OTHER
Property Description
This versatile fourplex in West Los Angeles is an exceptional find for both owner-users and investors, offering significant upside potential in a high-demand location. Two units are vacant, including the owner's unit. For those looking to live on-site, the vacant "Owner's Unit" provides a unique opportunity. This spacious 2-bedroom, 1-bath residence, located at the rear of the property, includes a private entrance, an enclosed yard, a garage, and two additional parking spaces. It is an ideal choice for families or individuals who want the comfort of a single-family home with the benefit of rental income from the other units to help offset expenses. For investors, the property offers substantial value-add opportunities. Two of the units are exempt from the Los Angeles Rent Stabilization Ordinance (RSO), allowing for greater rental income potential. Additional value can be created by an accessory dwelling unit (ADU) conversion, as the property includes a free-standing garage structure and six uncovered parking spaces. The 9,268-square-foot lot provides further redevelopment possibilities, appealing to experienced developers who may envision creating a large single-family home with an ADU, provided by the LAR1 zoning. This property stands out in a prime location undergoing revitaliz
Location
State CA
County Los Angeles
Zoning LAR1
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Other
Exterior
Total Parking Spaces 10
Building
New Construction No
Others
Tax ID 4256006019
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Listed by Kristin Kanjo • Compass