This beautiful historic HPOZ Craftsman home, presents an exceptional development opportunity. The property features four spacious one-bedroom units, each nearly 1,000 sq ft set on a 10,000 sq ft lot. Additionally, there is the potential to build up to two ADUs (2-3 bedrooms each) (4000+ sqft of buildable space in rear of the property ) to further enhance cash flow and investment return. Conveniently located near Highland Park, Silver Lake, DTLA, and Dodgers Stadium, this quadplex is ideally positioned to benefit from ongoing neighborhood revitalization and high market demand. Building is easy to manage, with low expenses and has been very well maintained. Don't miss out on this unique opportunity to own a landmark property with considerable upside potential.
Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Please do not disturb the tenants.
Tanner Beyer is an Los Angeles Native and Realtor. He's been in the real estate industry for over 10 years and is affiliated LPT Realty, Inc. Tanner works with a wide range of Clients throughout the Los Angeles area.
Area of service includes Santa Monica, Venice, West Hollywood, Hollywood, Hollywood Hills, Los Feliz, Silver Lake, Beverly Hills, Hancock Park, Culver City, Studio City, Sherman Oaks, North Hollywood and more. He's done hundreds of leases during his career and has represented clients on Million Dollar + Properties on the Buyers and Sales side.