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Wow! Beautiful craftsman home in Rampart Village brimming with potential. 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. Lowest price per square foot for a home in this zip code! 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. Seller financing available!! Contact listing agent for more details or to schedule a showing.
Last Updated | 7/29/2024 | Year Built | 1911 |
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Community | Downtown L.A. | County | Los Angeles |
Additional Details
AREA | Downtown L.A. |
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GARAGE | Driveway |
LOT | 7001 sq ft |
LOT DIMENSIONS | 50x140 |
PARKING | Driveway |
POOL DESCRIPTION | None |
STORIES | 2 |
STYLE | Craftsman |
VIEW DESCRIPTION | None |
ZONING | LAR4 |
Location
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