THIS PROJECT IS SHOVEL READY! (Permits even pulled to start immediately!) Its a phenomenal investor opportunity! Here's your chance to BUILD 9 LUXURY 2 BED 2 BATH APARTMENTS OR CONDOS. The owners have already done extensive, years-long, legwork with the city & historical comm. to turn this into an amazing development opportunity to renovate where luxury boutique condos are selling starting around $650/SF! Luxury 2 Bed, 2 Bath, apartments are leasing beginning around close to $3,000/mo. Not interested in developing it? Turn it into your dream home. You will purchase a 40 X 106 DOUBLE LOT with existing building containing over 4,000/SF, 7 bedrooms & 4 bathrooms and a carriage house next door. Original woodwork, character and details remain throughout the home and need a little TLC & vision in order to bring them back to life. The side lot can make for unparalleled city-living & outdoor space. A carriage house sits on the back of the side lot and can be brought back to life for many different potential-uses. Located just steps away from the neighborhood’s best amenities, including; A Mano, Sabrina’s Cafe, Honeysuckle, Urban Farmer, Jack’s Firehouse, Whole Foods & much more. Easy access to the best museums, public transportation and major roadways make this location highly desirable. Whether you are an INVESTOR, developer or a creative homeowner, don’t miss this rare opportunity! PLANS & PERMITS ARE READILY AVAILABLE UPON REQUEST.
The income description goes here to explain
| List Price | $1,275,000 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1920 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 152060400 |
| MLS # | PAPH2516278 |
| Property ID | 321227417 |
| Lot Sqft | 4,256 |
| Zoning | RM1 |
| Days on Market | 171 |
| Original List Price | Unknown |
| Date Updated | October 06, 2025 |
| Date Created | July 13, 2025 |
Financials not available online. Please inquire with your agent for more details.
Jeanne M Polizzi an agent of Coldwell Banker Realty. Lic #RS289379
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT