$415,000 Price Analysis   ♡   Los Angeles, CA 90001 2 bed 1 bath 954 SqFt ($435/SqFt) 3,919SqFt lot. Built 1947 Listed 2024-06-21, Taxes $962 | Ⓧ USDA Ineligible due to location near Los Angeles |
Embrace the potential of this unique property located at 1400 E 73rd St
* Sale Pending *Los Angeles, CA 90001. Situated on a lot zoned LCR3, this single-family home offers 857 square feet of space and presents an exceptional opportunity for redevelopment and expansion. Currently, the home has undergone fire damage, affecting the roof, kitchen cabinets and other vital parts of the home. Additionally, there is a separate rear living unit that may nt have been permitted originally, potentially converted from a garage. Despite its current condition, this property holds promise for those looking to capitalize on its zoning and transform it into a lucrative investment. The existing structure features 2 be drooms and 1 bathroom, providing a solid opportunity for renovation or redevelopment. The layout, although in need of restoration, showcases possibilities for creative redesign and modernization.
Outside, the property includes a small private yard, offering space for future development enhancements. The neighborhood is vibrant and conveniently located near local amenities, schools and parks, ensuring a desirable lifestyle for future residents or tenants. Strategically positioned in Los Angeles, with easy access to major highways and public transportation, this property is ideally suited for developers, investors or homeowners looking to build and maximize its potential. The LCR3 zoning opens doors to various development options, making it a valuable asset in the competitive real estate market of Los Angeles. Seize this opportunity to redefine this property according to your vision. Whether you envision creating multifamily housing, expanding the existing structure or exploring other development avenues, this property offers the canvas for innovative and profitable ventures. Schedule a showing today and get this one before it sells.
Presented by Henry Vega, Broker Associate at
Enrique Henry Vega Jr. Broker.
Property MLS #BB24125883 from CRMLS
Bedrooms On Main Level: 2
Full Bathrooms: 1
Bathrooms On Main Level: 1
Bathroom 1 Features: Bathtub, Shower in Tub
Unfurnished
Wood Product Walls
Flooring: Carpet
Basement Description: Unfinished
Patio And Porch Features: Patio YN: Yes, Patio And Porch Features: Concrete, Slab
Road Frontage Type: City Street
Road Surface Type: Paved
Lot Size Acres: 0.0899679
Lot Size Source: Assessor
Lot Size Square Feet: 3919
Garage Description: Attached
Parking Features: Parking YN: Yes, Parking Features: Paved, Driveway Level
Parking Total: 2
Map directions Map directions Map directions Map directionsCounty: Los Angeles
Directions: Take all routes from DTLA south to the 110 Fwy, Exit Florence and turn right on Parmelee.
Source Property Type: Residential
Area: C37 - Metropolitan South
Source Neighborhood: C37 - Metropolitan South
Parcel Number: 6021002012
Postal Code Plus 4: 3043
Zoning: LCR3
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $16,839 + $11,756 $28,595 | $962 |
| 2021 | $16,509 + $11,526 $28,035 | $946 |
| 2020 | $16,340 + $11,408 $27,748 | $944 |
| 2019 | $16,020 + $11,185 $27,205 | $925 |
| 2018 | $15,706 + $10,966 $26,672 | $858 |
| 2017 | $15,399 + $10,751 $26,150 | $841 |
| 2016 | $15,098 + $10,541 $25,639 | $814 |
| 2015 | $14,872 + $10,383 $25,255 | $804 |
| 2014 | $14,581 + $10,180 $24,761 | $806 |
| 2013 | $14,516 + $10,134 $24,650 | $795 |
| 2012 | $14,232 + $9,936 $24,168 | $790 |
| 2010 | $13,953 + $9,742 $23,695 | $765 |
| 2009 | $13,882 + $9,693 $23,575 | $740 |
| 2009 | $13,849 + $9,670 $23,519 | $740 |
| 2008 | $13,610 + $9,503 $23,113 | $712 |
| 2007 | $13,344 + $9,317 $22,661 | $681 |
$415,000
CRMLS
Sold 1966-11-07
$24,000
Public Record
Year Built: 1947
Common Walls: No Common Walls
Construction Materials: Stucco, Wood Siding
Direction Faces: North
Entry Location: 1
Foundation Details: Raised
Living Area Source: Appraiser
Property Age: 77
Property Condition: Fixer, Repairs Major
Roof: Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
House Style: Traditional
Year Built Source: Public Records
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.