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    1/2 BATHS
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    $/SQFT

Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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School Ratings & Info

Description

Incredible development opportunity to acquire an existing single family home including plans for 3 additional units off Sunset Blvd in Prime Hollywood - Delivered RTI (ready to issue). Located in an opportunity zone, the plans include expanding the existing SFR to a 3 BD/2 BA which has it's own private front yard, adding a duplex with spacious 3 BD/2.5 BA and 2 BD/1.5 BA and adding an ADU with 2 BD/2 BA. Projected rents of $16,250 per month with potential for higher market rents. Current home is a "cash cow" rental. Located on a quaint, rarely traveled street in the heart of the action - Billions of dollars being spent to revitalize Hollywood with 10+ hotels with roof top pools, Citizens of the World complex and some of the finest restaurants in the city steps away. Start building now!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-16T19:43:03.933. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.randyplaice.com/homes/120431896
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1351 Seward St Los Angeles, CA 90028

  • Price: $1,700,000
  • Status: Active
  • Updated: 36 min ago
  • ID#: 21-771408
2
Beds
1
Baths
0
½ Baths
0.17
Acres
1,288
SQFT
$1,320
$/SQFT
1920
Built
Neighborhood:
Hollywood
County:
Los Angeles
Area:
Hollywood
Property Description
Incredible development opportunity to acquire an existing single family home including plans for 3 additional units off Sunset Blvd in Prime Hollywood - Delivered RTI (ready to issue). Located in an opportunity zone, the plans include expanding the existing SFR to a 3 BD/2 BA which has it's own private front yard, adding a duplex with spacious 3 BD/2.5 BA and 2 BD/1.5 BA and adding an ADU with 2 BD/2 BA. Projected rents of $16,250 per month with potential for higher market rents. Current home is a "cash cow" rental. Located on a quaint, rarely traveled street in the heart of the action - Billions of dollars being spent to revitalize Hollywood with 10+ hotels with roof top pools, Citizens of the World complex and some of the finest restaurants in the city steps away. Start building now!
Exterior Features

Building Type Detached Lot Size Area 7500 Other Structures None Parking Garage Driveway Pool Description None Pool YN No Spa None Spa YN No Style Bungalow Total Parking 1 View Description None View YN No

Interior Features

Baths Total 1.00 Common Walls Detached/No Common Walls Cooking Appliances Gas/Electric Range Cooling Air Conditioning Den No Dining Room No Eating Areas Dining Area Equipment Built-InsDishwasherGas Dryer HookupRange/OvenRefrigeratorWasher Family Room No Fireplace Rooms DecorativeLiving Room Flooring TileWood Furnished Unfurnished Heating Central Laundry In UnitInside One Quarter Baths 0 Rooms Dining AreaLiving Room

Property Features

Hoa Yn No Property Condition New Construction Sale Type Standard Security Features Gated Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Water In Street Year Built Source Assessor Zoning Lard1.5

Listing provided courtesy of Grant Linscott DRE#01715002 of Keller Williams Realty Los Feliz.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-16T19:43:03.933. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Randy Plaice and Associates | RE/MAX Gateway
27720 Dickason Drive
Valencia CA, 91355