Description

Incredible opportunity for FHA/Owner-occupant Buyers, Value-Add investors, and builders! This Triplex property is Zoned LAC2, in a Transit Oriented Community (TOC) - Tier 3, and has a potential to built a larger, mixed-use, multifamily property. In addition, it has great potential in rent growth & ADU conversion for substantial meat on the bone with existing use. The property consist of a detached spacious front unit of 2 bedrooms 1 bath (WILL BE VACATED). The back detached 2 units are 1 bedroom and 1 baths each. There is vast amounts of parking space on lot, enough for all 3 occupants to park their cars with seamless access to driveway. The property is conveniently and centrally located near the University of Southern California, the iconic LA Memorial Coliseum, LAFC stadium, the 110 freeway, majors stores & shops, and minutes away from the vibrant DTLA. This area is yet to be unlocked and explode in value!

Location Map

1038 W Vernon Avenue Los Angeles CA 90037

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Source: Placester