$1,245,000
Charming vacant duplex, bright and beautiful classic bungalow style, live in the front 2 bed 2 bath house and rent out the back 2 bed 2bath unit with separate entrances and private yard space. Includes a detached garage with extra storage space/work area to utilize. Total square footage for front house and back house is 1404. Located next to Culver Junction and minutes from Culver Steps Retail featuring Erewhon, Salt & Straw, Afuri, Mensho Tokyo and Biana, this property is a 5 minute walk to Ivy Station Expo Metro Line and the new Apple TV headquarters and IKEA to be built at Helms Bakery, offering all the perfect benefits of adjacent studios, tech companies and the perfect central location with multiple freeways access and public transportation. Recently finished to the original classic look this amazing property sits on a corner 5285 sq foot lot. Generous back yard space for both homes, with high fence offers ultimate privacy and 3-4 car off street parking. Property is also R2 zoning and TOC (Tier 4) and is located in one of the highest TCAC opportunity areas (1/2 mile) and id covered under AB2097 (parking ratios). The corridor transit incentive is also favorable with CT-3 zoning as well as having a Transit Oriented Incentive Area (TOIA) 3, allowing for such a high Density bonus and FAR minimum of 3.75:1 thereby increasing ROI multifold. Don't miss this incredible opportunity to own the perfect home with income or a great development opportunity in one of the cities most popular metropolitan areas.
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Listed by Mark Gallandt with eXp Realty of Greater Los Angeles (888) 652-1314
Property Type
Residential Income
Status
Active
MLS Number
26663165
Year Built
1923
Lot Size
5,284 sq ft