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Listed by Jonathan Hernandez, DRE #02108096 • eXp Realty of Greater L.A
$549,000
Est. payment /mo
5,400 Sqft Lot
Active
330 W 56TH ST Los Angeles, CA 90037
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26164677
Year Built 1923
Lot Size 5,400 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Rare LARD2 Development Opportunity with a Brand-New Roof in the Heart of Los Angeles! This is your chance to acquire an income-producing duplex (2 Units each 2 bed 1 bath) situated on a 5,400 sq. ft. LARD2-zoned lot in one of Los Angeles' rapidly evolving neighborhoods. A new roof was installed less than one year ago, providing added value and reducing a major future capital expense for the next owner. Whether you're an investor looking to expand your portfolio, a developer seeking future opportunities, or a buyer searching for a property with long-term upside, this exceptional offering checks all the boxes. The existing duplex features two spacious 2-bedroom, 1-bath units with month-to-month tenants, separate electric meters, providing immediate rental income while offering flexibility for future ownership strategies, subject to applicable laws and regulations. Additional improvements include a detached two-car garage and a basement/storage area, creating even more functionality and future possibilities. LARD2-zoned duplex properties on a 5,400 sq. ft. lot with a recently installed roof are becoming increasingly difficult to find. Whether your strategy is to hold for long-term appreciation, enhance the existing asset, or explore future redevelopment opportunities, this pro
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Laundry None
Exterior
Garage Spaces 2.0
Pool None
Building
Story One Story
Water District - Public
Others
Special Listing Condition Not Applicable
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