$500,000
Discover an exceptional investment and redevelopment opportunity in the heart of East Los Angeles! This duplex property sits on a generous lot (approximately 5,352 sq ft, per public records) and offers immediate income potential, with significant upside through new construction. The main house, originally built in 1910, is a classic older structure widely considered a teardown candidate—ideal for razing to make way for a modern single-family home, two stylish townhouses, or other high-demand residential configurations (buyer to verify with local zoning and permitting). Paired with this is a separate, functional studio apartment, built in 1955, featuring a convenient kitchenette and 3/4 bath—perfect for rental income, guest quarters, or caretaker use while plans progress with minimal updates. Additional highlights include a two-car garage for secure parking and storage. Strong location in a vibrant, up-and-coming East LA neighborhood with easy access to downtown Los Angeles, major freeways, public transit, shopping, dining, and cultural amenities. Existing multi-family zoning/use (currently configured as a duplex) supports income now while positioning for maximum future value. Whether you're an investor seeking cash flow with redevelopment potential, a builder eyeing a prime infill project, or a homeowner looking to create your dream property, this property delivers flexibility and opportunity in one of LA's most accessible and evolving markets. Don't miss this rare chance to own a piece of East Los Angeles with tremendous growth potential. Schedule a viewing today!
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Listed by Alejandro Llamas with Seven Gables Real Estate (714) 731-3777
Property Type
Duplex
Status
Active
MLS Number
OC26050943
Year Built
1910
Lot Size
5,354 sq ft