Description
PRICE DROP!! Amazing location just to the north of Santa Monica Blvd. Currently leased for $10,000/month. Expanded single family house with 6 beds and 5 baths. Approved for 9 beds RCFE (Residential Care Facility). BUT - zoned R4! Highest and best use would be to develop the property for rental housing. Great development potential - build "as of right", or take advantage of density bonuses - lots of potential. Collect significant rent while entitling the property. Also, no unit replacement required, no rent control tenants.
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6BEDS
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0.14ACRES
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3BATHS
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01/2 BATHS
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2,500SQFT
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$878$/SQFT
School Ratings & Info
Description
PRICE DROP!! Amazing location just to the north of Santa Monica Blvd. Currently leased for $10,000/month. Expanded single family house with 6 beds and 5 baths. Approved for 9 beds RCFE (Residential Care Facility). BUT - zoned R4! Highest and best use would be to develop the property for rental housing. Great development potential - build "as of right", or take advantage of density bonuses - lots of potential. Collect significant rent while entitling the property. Also, no unit replacement required, no rent control tenants.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-03-27T23:42:49.043. 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.