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    1345 Seward Street

    Los Angeles (City), CA 90028
    • $1,450,000
    • STATUS: Active Under Contract
    • ON SITE: 111 days
    • ID#: 20584974
    Under Contract
    UPDATED: 40 min ago
    $1,450,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1917
    County:

    School Ratings & Info

    Description

    Showing: Sunday Aug 30th 1pm-3 pm (please wear masks): PRICE REDUCED! 3D Virtual Tour Available! Looking for a vacant AND renovated duplex in the heart of Hollywood that also has development potential? Excellent Opportunity for Owner Users, Investors, or Developers in PRIME Hollywood! 2 separate homes on a spacious RD 1.5 zoned lot! Live in one unit and rent the other to help cover the mortgage! Each home has its own yard. Front home has a sleek Mid Century feel with fireplace + open kitchen to living area + a bonus room, could be office or storage. Back house charming with privacy + 2 baths. Lot is approximately 7500 sqft, meaning a developer can build 5 units by right or up to 7 units utilizing TOC regulations. Property is also located within a qualified opportunity zone! (potential tax incentives for new construction) Duplex is walking distance to all Hollywood has to offer: Shopping, entertainment, restaurants, transportation! Lots of options here!Buyer to verify zoning with city

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-21T23:29:58.773. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

    www.amayarealestategroup.com/homes/106461013
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    1345 Seward Street Los Angeles (City), CA 90028

    • Price: $1,450,000
    • Status: Active Under Contract
    • Updated: 40 min ago
    • ID#: 20584974
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1917
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    Showing: Sunday Aug 30th 1pm-3 pm (please wear masks): PRICE REDUCED! 3D Virtual Tour Available! Looking for a vacant AND renovated duplex in the heart of Hollywood that also has development potential? Excellent Opportunity for Owner Users, Investors, or Developers in PRIME Hollywood! 2 separate homes on a spacious RD 1.5 zoned lot! Live in one unit and rent the other to help cover the mortgage! Each home has its own yard. Front home has a sleek Mid Century feel with fireplace + open kitchen to living area + a bonus room, could be office or storage. Back house charming with privacy + 2 baths. Lot is approximately 7500 sqft, meaning a developer can build 5 units by right or up to 7 units utilizing TOC regulations. Property is also located within a qualified opportunity zone! (potential tax incentives for new construction) Duplex is walking distance to all Hollywood has to offer: Shopping, entertainment, restaurants, transportation! Lots of options here!Buyer to verify zoning with city
    Exterior Features

    Lot Size Units Square Feet Parking Features Tandem Garage Parking YN Yes

    Interior Features

    Cooling Central Air Cooling YN Yes

    Property Features

    Country Us Gross Income 94800.00 Gross Multiplier 15.30 Gross Operating Income 94800.00 Net Operating Income 77300.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Expenses 17500.00 Vacancy Allowance Rate 0.00 Zoning Lard1.5

    Listing provided courtesy of Daniel Shamooelian of Brc Advisors- Bh


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-21T23:29:58.773. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

     
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    Moreno Valley CA, 92555