$875,000
$900,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
2,771 SqFt
SOLD DATE : 12/27/2023
Key Details
Sold Price $875,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,771 sqft
Price per Sqft $315
Subdivision Not Applicable - 1007242
MLS Listing ID 223004496
Sold Date 12/27/23
Bedrooms 5
Full Baths 2
Three Quarter Bath 1
Construction Status Fixer,Repairs Cosmetic
HOA Y/N No
Year Built 1906
Lot Size 6,769 Sqft
Property Description
Located in the heart of the Adams-Normandie Historic Preservation Overlay Zone (HPOZ), this property stands at the crossroads of its rich historical heritage and the promise of a remarkable future, offering you the chance to restore it to its former glory and create a legacy that will be cherished for generations to come. Less than a mile from USC (University of Southern California) and within USC's Neighborhood Homeownership subsidy area, this location holds added appeal for USC faculty and staff, a huge benefit for USC employees. With five distinct bedrooms and a generous 2,800 square feet of living space, this property is well-suited for a variety of potential owners and investors as it presents endless possibilities to buy and hold or fix and flip! For even more possibilities, consider its R2 zoning for an additional dwelling or a third story attic conversion for even more living space.Conveniently situated in close proximity to a diverse array of dining establishments and local businesses, you'll discover yourself mere moments from downtown Los Angeles, the bustling Fashion District, LA Convention Center, the Crypto.com Arena, LA Live, and Exposition Park where you can explore iconic landmarks like the Los Angeles Memorial Coliseum, Natural History Museum, BMO Stadium, and the upcoming George Lucas Museum of Narrative Art.With a bus stop just a block away and easy access to major thoroughfares such as the 10, 110, and 101 freeways, this property is perfectly positioned for your next investment venture. Moreover, you may qualify for a California historic rehabilitation tax credit (SB 451), making the restoration of this property not only a wise financial move but also a significant contribution to preserving its historical value.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR2
Interior
Heating Central, Fireplace(s), Natural Gas
Flooring Carpet
Fireplaces Type Living Room, Raised Hearth, Wood Burning
Fireplace Yes
Exterior
Garage Spaces 1.0
Garage Description 1.0
View Y/N No
Attached Garage No
Total Parking Spaces 1
Private Pool No
Building
Story 2
Entry Level Two,Three Or More
Level or Stories Two, Three Or More
Construction Status Fixer,Repairs Cosmetic
Others
Senior Community No
Tax ID 5054021005
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with JOY CHIOU • Capital Investments Real Estat
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310 Third Ave Suite # C-3, Chula Vista, California, 91910, United States