Large Vacant 4 Unit Apartment with Rear Single Family Home
Wilshire Center Ktown Opportunity Zone
Major Cross Streets Melrose and Vermont
Great Walk Score of 83

Unit Apartment with Rear Single Family Home
7 Bedrooms and 5 Bathrooms
Unit Mix (4BD/4BA Apartment & 3BD/1BA Rear Home
4149 SF on 7998 SF Lot - Built 1910
Zoned LAR 3 with TOC 3

REHAB DETAILS
Seller emptied the front units by enacting the Ellis Act and was in process of a lot split to sell the rear home and the 4 units separately or do some type of TIC OR with the current Zoning and TOC property can be torn down to build 20 Units or Small Lot Subdivision OR the 1 bedrooms can be made into 2 bedrooms and their is room in rear for ADU and Jr ADU.
LOTS OF OPTIONS!!

Rear house is leased at $4000 but can be vacant at COE
1 Bedrooms in the area rent as high as $2500 a month
Comps on same street at over $2,300,000
ASKING PRICE WAS $1,950,000

If interested email or call.
Seller willing to carry with only 20% down.