2648 Brighton AVE, Los Angeles, CA 90018 – SR24234359

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$1,250,000

Est. payment - /mo

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5 BD

2 BA

2,425 SqFt

Active

2648 Brighton AVE Los Angeles, CA 90018

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Chan Wathen

[email protected] +1(702) 461-7869

UPDATED:

12/06/2024 08:42 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,425 sqft

Price per Sqft $515

MLS Listing ID SR24234359

Bedrooms 5

Full Baths 2

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1903

Lot Size 7,100 Sqft

Property Description

This property presents an exciting development opportunity in the highly sought-after Mid City area, just minutes from USC. The lot, spanning 7,100.1 square feet, is zoned RD1.5-1, making it ideal for a variety of residential projects. Currently, the property includes a two-story building with 5 bedrooms and 2 bathrooms, currently being operated as a short-term rental. The building will be delivered vacant, allowing the new owner to either continue generating Airbnb income or begin their development plans immediately. Please note, there are tenants on-site, so showings are by appointment only. The lot features an accessible alley, providing easy access for future construction. The property offers two potential development plans. The first option involves converting the existing building into a 6-bedroom, 5-bathroom single-family home, which could be rented out by the bedroom. In the backyard, a 4-story triplex could be constructed, offering 21 bedrooms and 21 bathrooms, bringing the total to 27 bedrooms and 26 bathrooms. Alternatively, the second plan proposes building a 4-story duplex in the rear, with 26 bedrooms and 26 bathrooms, resulting in a total of 32 bedrooms and 31 bathrooms. With its prime location near USC and its significant development potential, this property offers an incredible opportunity for investors and developers looking to capitalize on the growing demand for student housing in the area.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Rooms

Main Level Bedrooms 1

Interior

Interior Features Eat-in Kitchen

Heating None

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Laundry None

Exterior

Parking Features Driveway, On Street

Fence Block, Chain Link

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Shingle

Porch Front Porch, Porch

Private Pool No

Building

Lot Description Back Yard, Front Yard, Yard

Dwelling Type House

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Victorian

Level or Stories Two

New Construction No

Construction Status Repairs Cosmetic

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5053035011

Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by George Kpachavi • Keller Williams Realty-Studio City • 310-525-0528

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Chan Wathen

REALTOR ® | RE.NV Lic.# S.59111

+1(702) 461-7869

2648 Brighton AVE Los Angeles, CA 90018

Chan Wathen

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2648 Brighton AVE