1231 119th, Los Angeles, CA 90059

Description

OVER 16,000 "PER TAX ASSESSOR" SQUARE FEET FLAT LOT FOR DEVELOPEMENT WITH AN INCOME PRODUCING DUPLEX...........GREAT OPPORTUNITY FOR A BUILDER, CONTRACTOR, DEVELOPER, INVESTOR OR OWNER USER THAT IS ACTIVELY SEARCHING FOR FOR AN INVESTMENT INCOME PRODUCING PROPERTY THAT IS SITUATED ON A LARGE FLAT LOT WITH ROOM TO ADD ADDITIONAL UNITS AND ADUs. BRING YOUR TRUCKS, TRAILERS, COMPANY EQUIPMENT, BOATS, CAMPERS AND RVs. THERE IS ROOM TO STORE THEM. THIS PROPERTY HAS A LOT SIZE OF OVER...........16,000 "PER TAX ASSESSOR" SQUARE FEET .........AND INCLUDES AN INCOME PRODUCING DUPLEX THAT CONSISTS OF TWO, 2 BEDROOMS, 1 BATHROOM UNITS, A 2 CAR DETACHED GARAGE WITH LONG DRIVEWAY. PROPERTY IS LOCATED WITHIN THE LOS ANGELES UNINCORPORATED AREA OF LOS ANGELES. THE 2 CAR GARAGE MAY HAVE THE POTENTIAL TO BE CONVERTED TO AN ADU. THE LONG DRIVEWAY CAN PROVIDE ADDITIONAL OFF STREET PARKING IF THE 2 CAR DETACHED GARAGE IS CONVERTED TO AN ADU. THE OWNER OCCUPANT WILL DELIVER 1 UNIT VACANT AT CLOSE OF ESCROW . THE TENANT OCCUPIED UNIT IS ON A MONTH TO MONTH RENTAL AND WILL REMAIN IN PROPERTY AT CLOSE OF ESCROW. THE PROPERTY HAS STREET ACCESS IN THE FRONT AND "POTENTIAL" STREET ACCESS IN REAR OF THE PROPERTY. BUYER AND BUYER'S AGENT SHALL DO THEIR OWN RESEARCH TO DETERMINE IF ACCESS IS ALLOWED FROM THE REAR OF THE PROPERTY . THE PRELIMINARY TITLE REPORT SHOWS A RECORDED EASEMENT/CONDEMNATION AT THE REAR OF THE PROPERTY THAT MAY AFFECT ACCESS TO THE REAR OF THE PROPERTY. PLEASE SEE THE PRELIMINARY TITLE REPORT IN THE SUPPLEMENTS TO VIEW THE EASEMENT/CONDEMNATION . THIS IS AN EXCELLENT INVESTMENT AND CONSTRUCTION OPPORTUNITY FOR AN INVESTOR WITH VISION AND FORE SIGHT. PLEASE SEE THE SUPPLEMENTS FOR AN AERIAL PHOTOGRAPH OF THE PROPERTY AND PROPERTY PLAT MAP....LOT #9.... ALSO INCLUDED WITHIN THE SUPPLEMENTS IS THE LOS ANGELES COUNTY DEPARTMENT OF PLANNING CONTACT INFORMATION AND ADU CONSTRUCTION SUMMARY. PROPERTY IS LOCATED CLOSE TO CHURCHES, FREEWAYS, PARKS, SCHOOLS AND SHOPPING.

Features

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• 0.39 Acres
• 1 Story