Veterans United Realty
24 Photos

2648 Brighton Avenue, Los Angeles, CA 90018

$1,250,000 Asking Price

5 beds
2 baths
2,425  sqft
Built in 1903

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.

Listing Status:
Active
Date Added:
December 5, 2024 — 20 days ago
Listing Office:
Keller Williams Realty-Studio City, George Kpachavi (818-432-1500)
Office Phone:
818-432-1500
MLS ID:
SR24234359

Features & Amenities

Interior

General:
Eat-in Kitchen
Laundry:
None
A/C:
false, None
Heating:
false, None
Fireplace:
Living Room, Fireplace

Exterior

General:
None
Style:
Victorian
Pool:
None
Parking:
Driveway,On Street, Parking spaces: 0

Construction

Roofing:
Shingle
General:
Glass,Concrete,Wood Siding, 2

Location

Road/Access:
City Street
HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
LARD1.5, 5053035011
View:
Neighborhood, View
Fencing:
Block,Chain Link

Utilities

Utilities:
Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected, Standard
Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Keller Williams Realty-Studio City, George Kpachavi

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by RealtyWatch Solutions. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last Updated: December 24, 2024 12:19 pm.

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