Great opportunity to build your dream property or ideal investment property to develop and build multi family housing in this desirable “East Hollywood” location! This 5,151 sqft lot in the Melrose corridor is zoned R2, which allows Investors or home buyers to build a duplex/triplex or remodel this single family home to their personal taste. Currently, this home offers 3 bedrooms and 1.5 bathrooms. Open floor with extra large formal dining room and living room. Enclosed porch with high vaulted wood ceiling and beams, perfect for an office or for an extra bedroom. Kitchen with appliances: refrigerator, stove, dishwasher, microwave! Good size bedrooms with lots of closet space. Separate laundry with washer/dryer. Large green backyard with fruit trees, covered patio and outdoor kitchenette, perfect for summer BBQs and entertaining. Entirely fenced property with a long driveway and a detached 2 car garage at the end of it, that you can convert into a bonus room that could be rented for extra income. Original wood floors throughout the house. This property is adjacent to Silver Lake, Kaiser Permanente, Netflix, Children's Hospital, Hollywood Presbyterian Medical Center, and Echo Park, minutes away from Griffith Park/Observatory and the Greek Theater, close to Larchmont Village, Hancock Park, and dynamic Koreatown, and of course all the glamorous life of Hollywood.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $884,950 | $608 | Coldwell Banker | |
Price Changed | $884,950 -1.67% | $608 | Coldwell Banker | |
Price Changed | $899,950 -5.17% | $618 | Coldwell Banker | |
Price Changed | $949,000 -2.67% | $652 | Coldwell Banker | |
Listed For Sale | $975,000 | $670 | Coldwell Banker |
Elementary School Ramona Elementary | 0.4 miles away | KG - 05 | |
Elementary School Kingsley Elementary | 0.5 miles away | KG - 05 | |
Elementary School Alexandria Avenue Elementary | 0.6 miles away | KG - 06 |