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ASSET4 single-story units located in the Hyde Park neighborhood of Los Angeles. The property is comprised of (one) 2-bedroom/1-bathroomunit and (three) 1-bedroom/1-bathroom units. The property is residential asset which presents a desirable owner-user opportunity. Situated on a large 7,574-SF lot, the property is zoned LAR3 with a Tier 3 TOC (Transit Orient Communities), which allows for the development ofup to 17 units*. Given the TO3 Tier 3 allowance, subterranean parking is not required, and a developer is only responsible for 0.5 parking spacesper unit. The large lot presents an outstanding opportunity to develop up to 17 units* or to add ADUs in a dense rental market of Los Angeles.LOCATIONThis 2,551-SF fourplex is located just a few blocks from the Hyde Park Station of the Crenshaw/LAX Metro Line. The Crenshaw/LAX line (KLine) is a $2.1 Billion project of an 8.5-mile light rail line connecting South Los Angeles to the South Bay and the Los Angeles Airport. In aseparate phase of the project, Metro hopes to add plans to extend the line to as far north as Hollywood. Furthermore, the asset is located just south of Slauson Avenue and west of Crenshaw Boulevard, which provides tenants with an abundance of retail shops, restaurants, entertainment, and grocerystores. The property is located 2 miles from Baldwin Hills Crenshaw Plaza, SoFi Stadium and The Forum and approximately 2.5 miles fromIntuit Dome (NBA Clippers Arena)
Property Type(s):
Residential Income
| Last Updated | 5/20/2025 | Year Built | 1930 |
|---|---|---|---|
| Community | Park Hills Heights | Garage Spaces | 4.0 |
| County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | Park Hills Heights |
| GARAGE | Yes |
| HOA DUES | 0 |
| LOT | 7576 sq ft |
| POOL DESCRIPTION | None |
| SEWER | Unknown |
| STORIES | 1 |
| WATER | Public |
| ZONING | LAR3 |
Location
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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.
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