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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
Beautiful craftsman home in Rampart Village brimming with potential! Only ~$423/sf on current asking price. The house has been run as a travel agency over the years and is ready to make your own! 4 bed/2 bath home filled with beautiful woodwork and craftsmanship. Home needs some TLC. Alternatively, the lot presents an excellent (ED 1) Executive Directive 1 development opportunity for an astute developer. Zoned R4-1, TOC Tier 2, the subject property is situated on a 7,000 sqft lot in close proximity to Downtown LA, Koreatown, Echo Park, Silver Lake & the 101/110 Freeways. Take advantage of the ED 1 fully affordable program, which provides for expedited processing, higher density, and reduced setbacks through the ED1 Ministerial Approval Process OR build up to 36 units using TOC Tier 2 Incentives + ADU's. The subject property is single family home that will be delivered vacant = no tenant relocation required or RSO! Lots of new development in this pocket. Do not miss this opportunity to build in a high rental demand area of Los Angeles that is undergoing significant growth. Seller financing available!! Contact listing agent for more details or to schedule a showing.
This listing courtesy of:
Keller Williams Beverly Hills, Daniel Shamooelian
Your BAH amount is for the military housing area.
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$--- Est. Payment - $--- BAH = $--- Remaining
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71.58% of housing units are renter occupied.
6.82% are vacant.
The median travel time to work is 25 minutes.
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.