523 W 76th Street Los Angeles, CA 90044
Seize this unique opportunity with a property that's RTI (Ready To Issue) permitted and poised for transformation. Currently a duplex, it comes with approved plans to convert into a 5-unit residential complex. This project represents a significant value add, increasing from a duplex to a total of five units. The total proposed square footage for this new development is a substantial 7, 730 square feet! Utilize the favorable LAR3 zoning and TOC program in place. Additionally, this property is located in an area eligible for the Ladder Up Home Loan Grant, offering up to $50, 000 in grant credits for qualified owner-occupant buyers who meet eligibility requirements. This is a rare opportunity to secure a multi-unit property in a prime location with financial assistance available.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site45 Days
- MLS StatusActive Under Contract
- MLS ID NumberPW24006464
- Home Size Source N/A
- Year Built1922
- Lot Size0.1584 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Driveway
- Parking Spaces 4
- Sewer Public Sewer
- Number of Stories 1
- Acreage 0.1584
- Water Public
- Property Sub Type Duplex
- Garage Spaces 0
- Listing Conditions Standard
Interior Features
- Cooling None
- Laundry Features None
Exterior Features
- Pool Features None
- Lot Back YardFront YardNear Public Transit
Community Features
- Community Features Sidewalks
- Senior Community No
- MLS Area C36 - Metropolitan Southwest