2648 Brighton Avenue

Los Angeles, CA 90018
$1,250,000
2425 sqft | 5 beds | 2 baths | 0.16 acres | #SR24234359
Courtesy of Keller Williams Realty-Studio City

Description

This property presents an exciting development opportunity in the highly sought-after Mid City area, just minutes from USC. The lot, spanning 7,100.1 square feet, is zoned RD1.5-1, making it ideal for a variety of residential projects. Currently, the property includes a two-story building with 5 bedrooms and 2 bathrooms, currently being operated as a short-term rental. The building will be delivered vacant, allowing the new owner to either continue generating Airbnb income or begin their development plans immediately. Please note, there are tenants on-site, so showings are by appointment only. The lot features an accessible alley, providing easy access for future construction. The property offers two potential development plans. The first option involves converting the existing building into a 6-bedroom, 5-bathroom single-family home, which could be rented out by the bedroom. In the backyard, a 4-story triplex could be constructed, offering 21 bedrooms and 21 bathrooms, bringing the total to 27 bedrooms and 26 bathrooms. Alternatively, the second plan proposes building a 4-story duplex in the rear, with 26 bedrooms and 26 bathrooms, resulting in a total of 32 bedrooms and 31 bathrooms.With its prime location near USC and its significant development potential, this property offers an incredible opportunity for investors and developers looking to capitalize on the growing demand for student housing in the area.
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  • Property Details
      • Interior:EatInKitchen
      • Bedrooms:5
      • Bathrooms:2
      • Full Baths:2
      • View:Neighborhood
      • Stories:2
      • Lot description:BackYard, FrontYard, Yard
      • Acres:0.163
      • Square Feet:2425
      • Property type:Purchase
      • Year built:1903
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:CableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
      • School district:Los Angeles Unified
      • County:Los Angeles
      • Original List Price:$1, 250, 000
      • MLS #:SR24234359
      • Cost:1250000
      • Property subtype:SingleFamilyResidence
      • MLS #:SR24234359
      • Structure type:House

Location

The Alcantara GroupReal Estate Group
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6.0%

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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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