727 W 84th Street, Los Angeles, CA 90044

$559,990 Asking Price

4 beds
2 baths
1,420  sqft
Built in 1920

4-Bedroom, 2-Bath Fixer with R3 Zoning Prime Investment Opportunity in Los Angeles! Attention investors and developers! This 4-bedroom, 2-bathroom home near Manchester and Hoover is a complete fixer-upper with massive potential, located in Los Angeles. Sitting on a 6,200 sq foot corner parcel with an R3 zoning designation and TOC Tier 3 designation, this property offers the unique opportunity to renovate or redevelop into a multi-unit project. Key Highlights: R3 Zoning: Unlock the potential for multi-residential development, perfect for maximizing the lot's value and generating long-term income. TOC Tier 3: Allows for increased density above city standards ADU options: The property has a spacious rear yard accessed by an alley that allows for easy access and a perfect place to quickly add a second dwelling Spacious Lot: Ample space to explore various redevelopment options, (buyer to verify zoning regulations) Home is in need of cosmetic and interior improvement but can be quickly updated to move in condition Prime Location: Situated in a vibrant, high-demand area with easy access to transportation, dining, shopping, and entertainment. Whether youre looking to flip this property or start fresh with a new development, this property offers numerous possibilities for improvement. With housing demand at an all-time high, this is the perfect project for those ready to capitalize on Los Angeles' growing real estate market. Dont let this rare opportunity slip awaycontact us today to schedule a viewing and explore the full potential of this property!

Features & Amenities

Interior

General:
Tile Counters
Laundry:
Inside
Flooring:
Wood
A/C:
N/K
Heating:
Floor Furnace, Natural Gas
Fireplace:
FP in Living Room,Decorative

Exterior

Pool:
N/K
Parking:
Off Street, Parking spaces: 0

Construction

Roofing:
Rolled/Hot Mop
General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
LAR3, 6032019021
View:
N/K
Fencing:
Needs Repair,Chain Link

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Redfin Corporation, Venus Martinez

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.

Similar Homes

Message

Interested in this home?

Request more information: