Elham Khani

$1,695,000

0.12 Acres

Los Angeles, California, 90028

Excellent development opportunity. Potential to build up to 7 units totaling approximately 12,600 SF across 4 stories, with the possibility of only one low-income unit required. Parking not required. Buyer to verify all zoning, density, and development potential and conduct their own due diligence. Existing 4-unit property is well maintained and income-producing, allowing for holding income during the entitlement process. Also you can keep 4 units and add ADUS in the back. Two units are owner-occupied and can be delivered vacant. Remaining units are month-to-month. If buyer prefers an owner-occupied scenario, the owner may remain as a tenant. Strong upside for redevelopment in a prime location.