3875 Middlebury Street
Los Angeles, CA 90004
667 sqft | 2 beds | 1 bath | 0.05 acres | #CV25167442
Description
First time on the market! Located in the desirable Madison West Park neighborhood of East Hollywood, near Silverlake. This 2 bed / 1 bath home sits on a 2,002 SF lot and offers 667 SF of living space. The property is a true fixer and will require repairs—perfect for investors or developers looking for a value-add opportunity.
Zoned for multi-family, this parcel allows for the development of up to 3 residential income units. The seller prefers to sell this home as part of a three-parcel bundle with adjacent properties at 500 N Madison Ave (3 bed / 2 bath / 1,301 SF / 3,000 SF lot) and 3877 Middlebury St (1 bed / 1 bath / 805 SF / 2,502 SF lot).
Together, the three parcels total 7,504 SF of land and offer the potential to develop 9 units by right or up to 17 units with a low-income housing set-up. Ideal for seasoned investors or developers seeking a rare assemblage in a strong rental market. Total asking price for all three parcels: $1,477,000.
Property Details
- Property SubtypeSingleFamilyResidence
- School DistrictLos Angeles Unified
- Lot DescriptionZeroToOneUnitAcre
- InteriorAllBedroomsDown
- High SchoolJohn Marshall
- Sewer InformationPublicSewer
- CountyLos Angeles
- ViewCityLights
- MLS #CV25167442
- MLS #CV25167442
- Property TypePurchase
- Original List Price$399,000
- Utility SourcePublic
- Cost399000
- Acres0.046
- Structure TypeHouse
- Year Built1925
- Square Feet667
- Bedrooms2
- Bathrooms1
- Full Baths1
- Stories1
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Allen Wu (#C12005)
Listing Office: ALLEN WU, BROKER (#1071)
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