3875 Middlebury Street new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90004
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 667 sqft
Price per Sqft $598
MLS Listing ID CV25167442
Bedrooms 2
Full Baths 1
Year Built 1925
Property Sub-Type Detached
Property Description
First time on the market! Located in the desirable Madison West Park neighborhood of East Hollywood, near Silverlake. This 2 bed / 1 bath home sits on a 2,002 SF lot and offers 667 SF of living space. The property is a true fixer and will require repairsperfect for investors or developers looking for a value-add opportunity. Zoned for multi-family, this parcel allows for the development of up to 3 residential income units. The seller prefers to sell this home as part of a three-parcel bundle with adjacent properties at 500 N Madison Ave (3 bed / 2 bath / 1,301 SF / 3,000 SF lot) and 3877 Middlebury St (1 bed / 1 bath / 805 SF / 2,502 SF lot). Together, the three parcels total 7,504 SF of land and offer the potential to develop 9 units by right or up to 17 units with a low-income housing set-up. Ideal for seasoned investors or developers seeking a rare assemblage in a strong rental market. Total asking price for all three parcels: $1,477,000.
Location
State CA
County Los Angeles
Zoning LAR3
Exterior
View Y/N Yes
View City Lights
Building
Story 1
Sewer Public Sewer
Water Public
Others
Special Listing Condition Standard