Bought with Seth Hamilton • Citivest Realty Services, Inc
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2146 Fargo Street Echo Park (los Angeles), CA 90039
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Key Details
Sold Price $875,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 608 sqft
Price per Sqft $1,439
MLS Listing ID CRSR21185568
Sold Date 11/15/21
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1922
Lot Size 7,465 Sqft
Property Sub-Type Detached
Source Datashare California Regional
Property Description
Do you investors like shovel ready projects with plans that are ready to go? Then this is your project! The property is zoned LAR2. This project is a tear down with plans for two optional strategies. Plans for Option 1 include: A 2147 sq. ft. front home with 3 Bedrooms and 3 bathrooms, with a 162 square foot deck, and a 707 sq. ft garage; The plans for the second home on the lot are for a 2,172 sq.ft. home, with 3 bedrooms and 3 bathrooms in the rear, a 216 sq. ft. deck, a 720 square foot garage, and a 413 sq.ft. 1 bedroom and 1 bathroom ADU. Plans for Option 2. A 2,465 sq. ft. 4 bedroom home with 3 bathrooms, 148 sq. ft. covered patio, and a 531 sq. ft. garage. An ADU or secondary home could also be added in the rear. The architects have done a masterful job at utilizing space with great design! The play: Build and flip, or build and hold for a nice rental income on 2-3 units. You could also be an end user who wants to live in a unit and have the other units pay towards your mortgage. Many possibilities in this active area!! Please do your own due diligence and research new construction and rents for new construction. Plans will be shared with serious qualified buyers. Property to be purchased as-is. All utilities have been capped and turned off. Demolition is permitted and read
Location
State CA
County Los Angeles
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
View City Lights
Private Pool false
Building
Story 1
Water Public
Schools
School District Los Angeles Unified
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