2905 W 14th ST, Los Angeles, CA 90006
2905 W 14th ST, Los Angeles, CA 90006
2905 W 14th ST, Los Angeles, CA 90006
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$890,000
Est. payment /mo
4 Beds
4 Baths
1,482 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,482 sqft

Price per Sqft $600

MLS Listing ID 26866467

Bedrooms 4

HOA Y/N No

Year Built 1905

Lot Size 5,758 Sqft

Property Description

- RECENTLY UPDATED! - TWO-ADU POTENTIAL! - OWNER-USER OPPORTUNITY OR INVESTMENT PROPERTY! Rare opportunity to own a versatile income-producing property with immediate rental income and significant future development potential. - Unit #1 (2 Bed / 2 Bath) is currently VACANT, offering immediate occupancy for an owner-user or the opportunity to generate additional rental income. The property has been recently improved with fresh paint and updates. - Unit #2 is currently tenant-occupied and generating rental income. - Storage #3 is a detached, high-ceiling rear structure of approximately 1,200 sq. ft., currently leased for storage and office use and generating approximately $2,100/month. The structure was previously approved for auto repair use, offering flexibility for various potential uses. Buyer to independently verify all permits, approvals, zoning, and permitted uses.Adding significant upside, the rear structure may offer the potential to convert into up to two ADUs, creating an opportunity for additional rental income and long-term appreciation. Buyer to independently verify ADU feasibility and requirements with the City of Los Angeles.Conveniently located just minutes from Koreatown, Downtown Los Angeles, USC, restaurants, shopping, schools, parks, public transportation, and major freeways.A unique opportunity combining residential income, commercial/storage income, owner-user flexibility, and substantial future development potential in a highly central Los Angeles location.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR2

Interior

Heating Central

Fireplace No

Appliance Disposal, Microwave, Refrigerator, Dryer

Exterior

Parking Features Assigned

Total Parking Spaces 4

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5074002013

Special Listing Condition Standard

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Listed by Sharon Oh Redpoint Realty #01712047

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate | License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA, 93036, USA

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2905 W 14th ST

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