Description
ABSOLUTELY RARE opportunity to own a truly turnkey, top-to-bottom remodeled 3-bedroom, 1-bath home with exceptional future development potential in one of East Los Angeles' most convenient and centrally located neighborhoods. Situated within a Special Planning (SP) zoning area, the property may offer the potential to develop up to four additional residential units-two homes and two ADUs-creating the possibility of five total residential units on the property (buyer to independently verify zoning, development potential, and all building requirements with the appropriate governmental agencies). The beautifully renovated front residence has been thoughtfully rebuilt with quality craftsmanship and modern design throughout. This comprehensive renovation showcases contemporary finishes, recessed lighting, brand-new flooring, a stunning kitchen with brand-new appliances, and fully upgraded mechanical, electrical, and plumbing systems-delivering the style, comfort, and peace of mind today's buyers are looking for. The location is equally impressive. Situated directly across from Eugene A. Obregón Park, you'll enjoy immediate access to green space, recreation, playgrounds, sports facilities, and outdoor activities. Just minutes away are Downtown Los Angeles, the USC Health Sciences Campus, the Keck School of Medicine of USC, Los Angeles General Medical Center (formerly LAC+USC Medical Center), Cal State LA, East Los Angeles College, Monterey Park, Montebello, and the City of Commerce. South Pasadena, Pasadena, and Glendale are also just a short drive away. Convenient access to the I-5, I-10, I-710, and SR-60 freeways provides seamless connectivity throughout Los Angeles, the San Gabriel Valley, Santa Monica, Long Beach, and Orange County. Whether you're searching for a move-in-ready primary residence, a multi-generational family property, or an exceptional investment opportunity, this home offers a rare combination of modern living, a premier location, and outstanding long-term development potential. Live in the beautifully remodeled front home today while exploring the opportunity to build additional residences tomorrow-creating long-term value, multiple income streams, and a legacy investment for generations to come.
Details
| MLS # | SR26151884 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1927 |
| Days On Site | 60 |
| Listing Provided By | Groves Capital, Inc. | Tigran Ghazaryan |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,025 |
| Story(s) | 1 |
| Units | 1 |
| Acreage | 0.13 |
| Property View | Yes |
Interior
| Cooling | Central Air, Electric, Energy Star Qualified Equipment, High Efficiency, Heat Pump |
|---|---|
| Heating | Central, Energy Star Qualified Equipment, Forced Air, High Efficiency, Heat Pump |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Separate Formal Dining Room, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down |
| Window Features | Double Pane Windows, Low Emissivity Windows |
| Appliances | Convection Oven, Dishwasher, Energy Star Qualified Appliances, Energy Star Qualified Water Heater, Electric Water Heater, Free Standing Range, Disposal, Gas Oven, Gas Range, Microwave, Tankless Water Heater, Vented Exhaust Fan, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Lighting |
|---|---|
| Roof | Flat, Shingle |
| Security Features | Fire Rated Drywall, Smoke Detectors |
| Construction Materials | Drywall, Ducts Professionally Air Sealed, Frame, Radiant Barrier, Stucco |
| Foundation Details | Combination, Raised, Slab |
| Lot Features | Sixteen To Twenty Units Acre, Back Yard, Sloped Down, Rectangular Lot, Value In Land, Yard |
| Fencing | Chain Link |
Parking
| Parking Features | No Driveway, Public, On Street |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Electric | Volts220In Kitchen, Volts220In Laundry, Volts220 |
| Sewer | Public Sewer |
Location
| Community Features | Park, Suburban, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90063 |
| Area | 699 Not Defined |
| Listing VS Median (in 90063) | |
Price: $729,000 low | high Med: $744,000 sqft: 1,025 low | high Med: 1,606 $ / sqft: $711 low | high Med: $465 On site: 60 low | high Med: 57.5 | |
Market Activity 90063
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90063 |
| Area | 699 Not Defined |
| Listing VS Median (in 90063) | |
Price: $729,000 low | high Med: $744,000 sqft: 1,025 low | high Med: 1,606 $ / sqft: $711 low | high Med: $465 On site: 60 low | high Med: 57.5 | |
