2823 W 8th ST, Los Angeles, CA 90005 – SR25035613 - Tracy Baker

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Tracy Baker

tracy@tracybbaker.com +1(619) 507-4230

$ 1,450,000

Est. payment | -/mo

4 Beds

3 Baths

3,480 SqFt

Save

$ 1,450,000

Est. payment | -/mo

Save

4 Beds

3 Baths

3,480 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,480 sqft

Price per Sqft $416

MLS Listing ID SR25035613

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1908

Lot Size 6,250 Sqft

Property Sub-Type Mixed Use

Property Description

Bank-Owned Property ( REO ) with LAR4-2 Zoning! Fantastic Investment Opportunity! GOOD FOR BUSINESS WITHIN R-4 ZONE. PRE-SCHOOL, ACUPUNCTURE, CPA, INS. OFFICE, AND MORE MORE. Build multi-unit residential buildings or apartments to cater to the growing housing demand. Develop a community center that offers various services and amenities to the neighborhood, such as educational programs, wellness centers, and recreational facilities. Unlock the potential of this prime real estate gem! Nestled in a coveted area with LAR4-2 zoning, this bank-owned property presents an unparalleled opportunity for savvy investors. Whether you're looking to develop residential units, commercial spaces, or a blend of both, the possibilities are endless. Don't miss out on this rare chance to acquire a bank-owned property with immense potential. Act now and turn your vision into reality!

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR4

Rooms

Main Level Bedrooms 2

Interior

Interior Features Balcony

Heating Central

Cooling Central Air

Fireplaces Type Family Room

Fireplace Yes

Appliance Gas Cooktop

Laundry Inside

Exterior

Parking Features One Space

Pool None

Community Features Sidewalks

View Y/N No

View None

Porch Deck

Private Pool No

Building

Lot Description Back Yard

Dwelling Type Mixed Use

Story 2

Entry Level Two,Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Two, Multi/Split

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5077019008

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Real Estate Owned

Listed by Seung Soo "Eric" Min • Dream Realty & Investments, Inc. • 818-357-7694

+1(619) 507-4230

tracy@tracybbaker.com

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2823 W 8th ST Los Angeles, CA 90005