9500 S Spring ST

Los Angeles,CA 90003

$ 598000

- Bed

- Bath

1321 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,321 sqft

Price per Sqft $452

MLS Listing ID PF24187010

Year Built 1925

Lot Size 5,519 Sqft

Property Description

Ideal buy and hold development opportunity. This fully vacant, centrally located duplex offers two freestanding houses on a street to street lot, as well as a separate garage with attached workshop. The large front unit is currently a two-bed/one-bath but can potentially be reconfigured as a three bed. The rear unit is currently being used as a two-bed/one-bath, and the garage and workshop can be converted to an ADU There is plenty of off street parking for three rentals, and the possibility of generating huge monthly income either with the updated section 8 rent schedules or with market rate rents.
Multiple development strategies exist for this exciting fixer which is zoned R-2 and is close to public transit. No blind offers. Sellers to make no repairs or concessions. Cash or hard money offers only.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR2

Rooms

Ensuite Laundry In Kitchen

Interior

Laundry Location In Kitchen

Cooling None

Fireplaces Type None

Laundry In Kitchen

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Curbs

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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