537 Irving Boulevard, Los Angeles
$1,799,000 - 3 Beds, 2 Baths, 1,956 SfMLS® # 24383551
$1,726,000
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The subject property is a 1,635 SF home on a flat 7,499 SF lot. The zoning is LAR3 - Tier 3 TOC. Located just 0.2 Miles away from the Metro Red Line Station atBeverly and Vermont, tenants can benefit from the great location and numerous eateries nearby. The ownership has conceptual and architectural plans to build 19 units. Ofthe 19 proposed units, ten are to be 2 bedroom / 2 bathroom units and nine are to be 1 bedroom / 1 bathroom units. A savvy investor can also take advantage of the RedLine, focus on an Affordable Housing Project and forgo all parking requirements for the highest and best use of this land and potentially build 21 units.
MLS® # 24383551
MLS® # 24381708
MLS® # 24381095
Based on information from California Regional Multiple Listing Service, Inc. as of May 4th, 2024 at 4:55pm PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.