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Rare LARD2 Development Opportunity with a Brand-New Roof in the Heart of Los Angeles! This is your chance to acquire an income-producing duplex (2 Units each 2 bed 1 bath) situated on a 5,400 sq. ft. LARD2-zoned lot in one of Los Angeles' rapidly evolving neighborhoods. A new roof was installed less than one year ago, providing added value and reducing a major future capital expense for the next owner. Whether you're an investor looking to expand your portfolio, a developer seeking future opportunities, or a buyer searching for a property with long-term upside, this exceptional offering checks all the boxes. The existing duplex features two spacious 2-bedroom, 1-bath units with month-to-month tenants, separate electric meters, providing immediate rental income while offering flexibility for future ownership strategies, subject to applicable laws and regulations. Additional improvements include a detached two-car garage and a basement/storage area, creating even more functionality and future possibilities. LARD2-zoned duplex properties on a 5,400 sq. ft. lot with a recently installed roof are becoming increasingly difficult to find. Whether your strategy is to hold for long-term appreciation, enhance the existing asset, or explore future redevelopment opportunities, this property offers exceptional potential. Buyers are encouraged to independently verify zoning, development possibilities, ADU opportunities, allowable density, and future use with the City of Los Angeles. This property will not last call today! Buyer and Buyer's Agents are encouraged to independently inspect, investigate, and verify all information concerning the property, including condition, square footage, lot size, boundaries, zoning, permits, utilities, taxes, assessments, disclosures, and intended use, through their own inspections, professionals, public records, and governmental agencies. Buyer and Buyer's Agent to rely on their own due diligence and not solely on information provided by Seller, Listing Agent, Listing Broker, MLS, or third parties. Buyer acknowledges having had the opportunity to conduct all investigations deemed necessary before completing the purchase. Nothing herein relieves Seller, Listing Agent, or Listing Broker of any disclosure or legal obligations that cannot be waived under California law.
Property Type(s):
Residential Income
| Last Updated | 8/24/2026 | Year Built | 1923 |
|---|---|---|---|
| Community | C16 - Mid Los Angeles | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| AREA | C16 - Mid Los Angeles |
|---|---|
| GARAGE | Yes |
| LOT | 5401 sq ft |
| LOT DIMENSIONS | 5400 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
Location
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Listed with eXp Realty of Greater L.A
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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