2648 Brighton Avenue Los Angeles, CA 90018
5 Beds
2 Baths
2,425 SqFt
UPDATED:
12/06/2024 03:25 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,425 sqft
Price per Sqft $515
MLS Listing ID SR24234359
Style Detached
Bedrooms 5
Full Baths 2
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1903
Lot Size 7,102 Sqft
Acres 0.163
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 Los Angeles (90018)
Zoning LARD1.5
Interior
Fireplaces Type FP in Living Room
Exterior
Exterior Feature Wood, Concrete, Glass
Fence Chain Link
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Neighborhood
Roof Type Shingle
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Architectural Style Victorian
Level or Stories 2 Story
Construction Status Repairs Cosmetic
Others
Monthly Total Fees $32
Miscellaneous Gutters,Storm Drains
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
